Software
Adobe and Figma Terminate $20 Billion Deal After Clash With European, UK Regulators
Adobe Inc. walked away from its $20 billion acquisition of startup Figma Inc. after clashing with regulators in Europe and the UK. Adobe will pay Figma a $1 billion termination fee, the companies said in a statement on Monday. They saw “no clear path” to getting regulatory approvals from the European Commission and the UK's Competition and Markets Authority.