Techmeme
December 18, 2023, 12:40 PM

Top News

Reuters:
Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B  —  Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to …
More: Figma, The Verge, Adobe Press Releases, TechCrunch, Ars Technica, Thurrott, Tech Monitor, SiliconANGLE, AppleInsider, Telegraph, The Guardian, Metaverse Post, Wall Street Journal, The Messenger, San Francisco Business Times, Gizmodo, The Information, European Commission, Bloomberg, Engadget, CNBC, Neowin, Fortune, Associated Press, Bloomberg, Newser, The Adobe Blog, PetaPixel, Tech Xplore, ITPro, TechStartups, The Verge, diginomica, New York Times, Barron's Online, Business Insider, Financial Times, City A.M., Coinspeaker, Constellation Research, Pixel Envy, Variety, and MarTech
Om Malik / On my Om:
UK and EU regulators blocking Adobe's Figma deal changes the liquidity environment for startup founders and VCs, and focuses dollars on IPO-capable winners  —  The writing has been on the wall for sometime — the regulators on both sides of the Atlantic have been hemming and hawing …
Chance Miller / 9to5Mac:
Apple plans to halt Apple Watch Series 9 and Ultra 2 sales in the US starting this week, to “preemptively” comply with an ITC patent ruling now under US review  —  In a statement to 9to5Mac, Apple has announced that it will soon halt sales of its flagship Apple Watch models in the United States.
Jon Porter / The Verge:
The EU Commission opens an official DSA investigation into X, focusing on illegal content, disinformation, ad transparency, “deceptive design”, and data access  —  X, the platform formerly known as Twitter, may have broken the European Union's tough new Digital Service Act rules …
David Pierce / The Verge:
Flipboard says it plans to replace its entire social back end with ActivityPub, and by April 2024 will let any Flipboard user follow any fediverse account  —  Flipboard is taking its biggest step yet into the fediverse.  The company announced on Monday that it is beginning to switch …
Zack Whittaker / TechCrunch:
Mortgage and loan giant Mr. Cooper says hackers stole personal data on 14M customers, including dates of birth, phone numbers, SSNs, and bank account numbers  —  Hackers stole the sensitive personal information of more than 14.6 million Mr. Cooper customers, the mortgage and loan giant has confirmed.
Andrew Solender / Axios:
Coinbase, a16z, the Winklevoss twins, and others put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 US elections  —  Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks of crypto-friendly lawmakers …
Lucas Shaw / Bloomberg:
Streaming TV appears to have entered its franchise era; Netflix plans spinoffs of the Addams Family, Peaky Blinders, and action movie Extraction, among others  —  Sequels and prequels have already taken over the movie business.  Now they're coming for TV.  —  Good afternoon from Los Angeles …
The Guardian:
Internal docs: TikTok gave a “protected list” to some moderators to prevent action being taken against accounts related to heavy advertisers, like Amazon  —  Exclusive: Internal communications suggest video platform working to protect its lucrative relationship with e-commerce firm
More: MUO

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