Want to create an interactive transcript for this episode?
Podcast: One Thing Today in Tech
Episode: Adobe shares plunge on $20 bln Figma deal; A Microsoft bug sends users to 1930; DotPe raises funding
Description: Adobe shares fell 17 percent yesterday, its biggest fall in 12 years, after it said it will buy design software rival Figma for $20 billion in cash and stock, CNBC reports. Investors are concerned that Adobe is paying too much, according to CNBC. DotPe, a payments service provider and commerce platform backed by Google, has raised about $54.5 million in a new funding round led by Temasek, Inc42 reports.
Notes:
Adobe shares fell 17 percent yesterday, its biggest fall in 12 years, after it said it will buy design software rival Figma for $20 billion in cash and stock, CNBC reports. Investors...