#adobe

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Creative Bloq
2 weeks ago
Graphic design

Adobe slashes Creative Cloud by 40% for an ENTIRE YEAR

Get significant discounts on Adobe subscriptions, up to 60% off for various categories of users. [ more ]
#tiktok
The Verge
2 weeks ago
Marketing

TikTok is adding an "AI-generated" label to watermarked third-party content

TikTok applies AI-generated tags to content from its AI tools and other platforms. It supports Adobe's tagging system and focuses on content authenticity. [ more ]
BGR
3 months ago
Marketing

TikTok meets Adobe Express for the ultimate content creation tool

Adobe and TikTok announce a collaboration with TikTok's Creative Assistant being integrated into Adobe Express.
The collaboration aims to make it easier for content creators to optimize and distribute video content for TikTok. [ more ]
TechCrunch
3 months ago
Marketing

TikTok's AI-powered Creative Assistant is now available directly in Adobe Express | TechCrunch

TikTok's AI-powered Creative Assistant is now available within Adobe Express, helping businesses and creators make and market content more effectively.
The integration allows creators to access TikTok insights, brainstorm ideas, and schedule/publish content directly to TikTok within Adobe Express. [ more ]
ZDNET
4 months ago
Marketing

40% of Americans use TikTok as a search engine now - here are 4 reasons why

Over two in five Americans use TikTok as a search engine, with one in 10 Gen Zers relying on it more than Google.
TikTok is seen as more informative, digestible, personalized, and current compared to traditional search engines. [ more ]
moretiktok
#marketing
Inc.com
6 days ago
Artificial intelligence

AI Roundup: Adobe's Images for Business, Google Tests AI Ads, Everyone Loves New ChatGPT

AI tools like Adobe's Image 3 are transforming image creation for businesses, enabling content reuse and localization for marketing purposes. [ more ]
MarTech
2 months ago
Graphic design

Adobe continues to roll out genAI capabilities across its platform | MarTech

The magic and value of AI come from seamless integration into familiar workflows.
Adobe focuses on transforming customer experiences with integrated solutions. [ more ]
The Drum
2 months ago
Artificial intelligence

Adobe bets big on AI during opening remarks of Las Vegas conference

Adobe focuses on AI-powered features for content supply chain optimization
New AI-powered marketing products announced at Adobe Summit [ more ]
Investor's Business Daily
2 months ago
Artificial intelligence

Adobe Pitches New Generative AI Tool To Marketing Pros

Adobe introduced Adobe GenStudio, powered by generative AI, for advertising professionals.
The new Adobe GenStudio application aims to streamline campaign planning, content creation, asset management, and performance measurement. [ more ]
Stories
2 months ago
Marketing

Adobe and Microsoft partner to bring new generative AI capabilities to marketers as they work in Microsoft 365 applications - Stories

Adobe and Microsoft partner to integrate Adobe Experience Cloud and Microsoft Copilot for enhanced marketing capabilities.
The partnership aims to streamline marketing workflows by bringing relevant insights from Adobe Experience Cloud and Dynamics 365 to Microsoft Copilot. [ more ]
moremarketing
#generative-remove
TechCrunch
1 week ago
Artificial intelligence

Adobe brings Firefly AI-powered Generative Remove to Lightroom | TechCrunch

Adobe introduced Generative Remove feature in Lightroom powered by Firefly AI for seamless object editing in photos. [ more ]
Engadget
1 week ago
Graphic design

Adobe Lightroom gets its own AI eraser tool

Adobe introduces Generative Remove tool for Lightroom for seamless object removal. [ more ]
WIRED
1 week ago
Graphic design

Adobe's AI-Powered Generative Remove Feature in Lightroom Erases Unsightly Objects in Seconds

Adobe introduces AI-powered Generative Remove in Lightroom for easy element removal. [ more ]
moregenerative-remove
#ai
Fast Company
4 days ago
Graphic design

This controversial Adobe ad is fueling a war with creatives

Adobe's ad campaign upset photographers by promoting AI-generated background replacements over traditional photoshoots. [ more ]
PetaPixel
1 week ago
Graphic design

Adobe Express for Enterprise Promises On-Brand Content Creation in Seconds

Adobe announces Express for Enterprise, offering advanced content creation tools and AI for commercial use. [ more ]
ZDNET
2 months ago
Artificial intelligence

What are Content Credentials? Here's why Adobe's new AI keeps this metadata front and center

Adobe expands Content Credentials across applications
Content Credentials promote authentic content creation [ more ]
TipRanks Financial
2 months ago
Business intelligence

Adobe's Growth Trajectory and Strategic AI Advancements Bolster Buy Rating - TipRanks.com

Positive analyst rating for Adobe stock based on growth trajectory and new product offerings
Strong demand for Adobe's generative AI initiative and enterprise solutions influence Buy rating [ more ]
The Drum
2 months ago
Marketing

IPG teams up with Adobe to bring AI-powered content development to clients

IPG announced a strategic partnership with Adobe to empower marketers through AI and audience data metrics.
Integration of Adobe's GenStudio into IPG engine aims to enhance content supply chains and create more authentic connections with consumers. [ more ]
Creative Bloq
4 months ago
Graphic design

Adobe's new AI audio tools are a game changer for video editors

Adobe has unveiled new audio tools for Premiere Pro that include interactive fade handles, AI-powered audio tagging, and AI-assisted sound balancing.
The updates simplify the audio editing workflow, allowing editors to create high-quality videos with fewer clicks.
The updates play a part in streamlining the future of filmmaking. [ more ]
moreai
#generative-ai
The Verge
1 week ago
Artificial intelligence

Adobe Lightroom gets a magic eraser, and it's impressive

Adobe adds new generative AI tools to Lightroom for easier editing for all users, including object removal and AI lens-blurring effects. [ more ]
The Verge
1 month ago
Graphic design

Adobe's new Firefly model makes it easier to use Photoshop's AI tools

New generative AI tools in Photoshop beta allow for image referencing, enhancing user control. [ more ]
Fast Company
1 month ago
Artificial intelligence

Adobe's new Photoshop turns AI into a practical superpower

Adobe's new Firefly 3 and integrated Photoshop beta aim to revolutionize creative workflows with enhanced generative AI capabilities. [ more ]
The Verge
1 month ago
Artificial intelligence

Adobe Premiere Pro is getting generative AI video tools - and hopefully OpenAI's Sora

Adobe is developing a generative AI video model for Premiere Pro that will allow users to generate video clips, add/remove objects with text prompts, and integrate third-party AI models. [ more ]
Engadget
1 month ago
Artificial intelligence

Adobe previews AI object addition and removal for Premiere Pro

Adobe's Firefly AI model introduces new features in Premiere Pro: Object Addition & Removal, Generative Extend, and Text to Video. [ more ]
PYMNTS.com
1 month ago
Artificial intelligence

Adobe Paying for Videos, Images to Train AI Models

Adobe is paying artists for videos/images to train AI models, like its text-to-video generator.
Generative AI tools at Adobe have helped create billions of images, vectors, designs, and text effects since 2023. [ more ]
moregenerative-ai
#content-creation
MarTech
5 days ago
Graphic design

Adobe unveils Adobe Express for Enterprise | MarTech

Adobe introduces Adobe Express for Enterprise, offering streamlined content creation and on-brand assets for businesses. [ more ]
TechCrunch
2 months ago
Artificial intelligence

Adobe's Firefly Services makes over 20 new generative and creative APIs available to developers | TechCrunch

Firefly Services offers AI-powered APIs for content creation in enterprise workflows.
Custom Models allow businesses to fine-tune Firefly models for their assets. [ more ]
morecontent-creation
The Verge
2 weeks ago
Graphic design

Adobe CEO Shantanu Narayen on Photoshop, PDFs, and the AI future

Adobe's CEO Shantanu Narayen oversees the evolution of Adobe's creative tools and shifting business models in response to technological advancements. [ more ]
#apple
Zero Day Initiative
1 week ago
Information security

Zero Day Initiative - The May 2024 Security Update Review

Keeping software updated with the latest security patches is crucial to prevent known vulnerabilities from being exploited by attackers. [ more ]
Kotaku
1 week ago
Graphic design

Popular Emulator Changes Logo After Adobe Sends Legal Threat

Legal threats led Delta emulator to change logo swiftly. [ more ]
Engadget
1 week ago
Graphic design

Adobe threatens to sue Nintendo emulator Delta for its look-alike logo

Delta had to change its logo due to its similarity to Adobe's 'A' logo, not because of Nintendo's concerns. [ more ]
Creative Bloq
3 months ago
Graphic design

Adobe's native Vision Pro apps could be a game changer for creatives

Adobe has launched native Firefly and Lightroom apps for Apple's Vision Pro mixed-reality headset, attracting creatives.
Apple Vision Pro has over 600 native VisionOS apps and 1 million compatible apps available on the App Store. [ more ]
Zero Day Initiative
5 months ago
Information security

Zero Day Initiative - The December 2023 Security Update Review

Apple released patches for iOS and iPadOS with eight CVEs, including two under active attack on older devices.
Adobe released patches for various software, covering 212 CVEs in total, with the majority in Experience Manager. [ more ]
moreapple
The Verge
1 week ago
Graphic design

The Delta Emulator is changing its logo after Adobe threatened it

Delta Emulator is changing its logo to avoid potential confusion with Adobe's stylized letter 'A'. [ more ]
Engadget
1 month ago
Artificial intelligence

Adobe's new upscaling tech uses AI to sharpen video

Adobe's VideoGigaGAN uses AI to upscale videos by eight times without usual artifacts, enhancing visual quality significantly. [ more ]
#image-generation
Engadget
1 month ago
Artificial intelligence

Adobe Photoshop's latest beta makes AI-generated images from simple text prompts

Photoshop now offers more AI-powered features including image generation from text prompts, reference images, and easier backgrounds, streamlining design process for all users. [ more ]
TechCrunch
1 month ago
Graphic design

Adobe claims its new image generation model is its best yet | TechCrunch

Firefly Image 3 by Adobe, an improved generative AI model, shows advancements in realistic image generation, lighting, understanding of complex prompts, and depictive accuracy. [ more ]
moreimage-generation
#industry-trends
Itsnicethat
1 month ago
Graphic design

Adobe MAX London live stream will let you tune into the action from wherever you are

The opening keynote at the event will feature inspiring speakers like Annie Atkins, showcasing Adobe's latest technology and providing insights for creative professionals. [ more ]
LogRocket Blog
2 months ago
UX design

InVision is shutting down - where does that leave design collaboration services? - LogRocket Blog

Adobe's acquisition of Figma was terminated, leaving a gap in their suite of tools for wireframing and prototyping.
InVision announced the sale of Freehand to Miro and the discontinuation of other services, signaling changes in the design collaboration software market. [ more ]
moreindustry-trends
#ai-assistant
MarTech
1 month ago
Artificial intelligence

Adobe's AI Assistant brings tl;dr to your documents | MarTech

Adobe's AI Assistant summarizes documents for quick information retrieval, with potential for email, presentation, and report formatting. [ more ]
The Verge
3 months ago
Artificial intelligence

Adobe Acrobat adds generative AI to 'easily chat with documents'

Adobe introduces AI Assistant in Acrobat for easier document navigation [ more ]
moreai-assistant
Exchangewire
1 month ago
Artificial intelligence

UK Drafting AI Regulations; OpenAI Opens Tokyo Office; Adobe Working on Generative Video AI

The UK is drafting regulations for powerful AI models to limit potential harms, while OpenAI opens an office in Tokyo and Adobe develops a generative video model. [ more ]
Creative Bloq
1 month ago
Artificial intelligence

So Adobe Firefly AI isn't as squeaky clean as it seemed

Firefly AI by Adobe has unique selling points in creative workflows and commercial safety. [ more ]
#copyright-concerns
Theregister
1 month ago
Artificial intelligence

Adobe to pay for clips to train text-to-video AI

Adobe pays creators for AI training material, unlike OpenAI.
Adobe's AI generates video from text, sourcing footage from filmmakers for training.
Rules for submissions to Adobe's AI model include no offensive or copyrighted content. [ more ]
TechCrunch
2 months ago
Music

Adobe reveals a GenAI tool for music | TechCrunch

Adobe unveils Project Music GenAI Control for customizable music generation based on text descriptions or reference melody.
Project Music GenAI Control allows users to adjust tempo, intensity, patterns, and structure, remix existing tracks, and extend music indefinitely. [ more ]
morecopyright-concerns
#microsoft
Zero Day Initiative
1 month ago
Information security

Zero Day Initiative - The April 2024 Security Updates Review

Adobe released nine patches addressing 24 CVEs in various products, including critical and important-severity bugs.
Microsoft released 147 new CVEs this month in Microsoft Windows and Windows Components. [ more ]
Zero Day Initiative
2 months ago
Information security

Zero Day Initiative - The March 2024 Security Update Review

Adobe released six patches addressing 56 vulnerabilities in various products.
Microsoft's Patch Report webcast on YouTube covers the latest security updates. [ more ]
Zero Day Initiative
3 months ago
Information security

Zero Day Initiative - The February 2024 Security Update Review

Adobe released six patches addressing 29 CVEs, with fixes for Acrobat and Reader being prioritized due to critical-rated code execution bugs.
Microsoft released a patch for a 0-day discovered by the ZDI Threat Hunting Team. [ more ]
Zero Day Initiative
4 months ago
Information security

Zero Day Initiative - The January 2024 Security Update Review

Adobe released a single patch addressing six CVEs in Substance 3D Stager.
Microsoft released 49 new patches addressing CVEs in various products. [ more ]
Theregister
4 months ago
Information security

January Patch Tuesday: New year, new Windows' bugs

Microsoft released 49 Windows security updates, including fixes for two critical-rated bugs.
There are four high-severity Chrome flaws in Microsoft Edge. [ more ]
moremicrosoft
Thesanjoseblog
1 month ago
Graphic design

Updated lighting on the Adobe Pedestrian Bridge in Downtown San Jose

Adobe has improved the lighting on their pedestrian bridge with long gradient. Metal dragonflies are a new addition. Adobe Museum with tech nostalgia and interactive art room is recommended. [ more ]
#canva
Creative Bloq
2 months ago
Graphic design

Adobe takes the fight to Canva with new AI marketing platform

Canva acquires Affinity, Adobe introduces GenStudio for brand design assets with AI tools
Adobe unveils GenStudio at Adobe Summit, offers AI-powered tools for marketing campaigns [ more ]
Ars Technica
2 months ago
Graphic design

Canva's Affinity acquisition is a subscription-based weapon against Adobe

Canva acquires Affinity to expand its creative professional tools and compete with Adobe.
The acquisition is Canva's largest by both price and headcount, signaling a strategic move to tap into the business-to-business market. [ more ]
Creative Bloq
2 months ago
Graphic design

Canva's Affinity acquisition means serious competition for Adobe

Canva acquires Serif's Affinity suite, challenging Adobe's design software dominance.
Affinity suite offers affordable one-time purchases, different from Adobe's subscription model. [ more ]
Theregister
2 months ago
Graphic design

Canva acquires Affinity, spelling trouble for Adobe

Canva acquires Affinity to enhance its offerings for professional designers.
Canva aims to appeal to a wider audience with the acquisition of Affinity. [ more ]
TechCrunch
2 months ago
Graphic design

With Affinity acquisition, Canva should be able to compete better with Adobe's creative tools | TechCrunch

Canva acquires Affinity for hundreds of millions, targeting more advanced users and Adobe competition.
Excitement and alignment with Affinity, empowering professional designers through the acquisition. [ more ]
The Verge
2 months ago
Web design

Canva acquires Affinity to fill the Adobe-sized holes in its design suite

Canva acquires Affinity creative software suite to challenge Adobe's dominance.
Affinity's one-time purchase model appeals to creatives seeking alternatives to Adobe's subscription-based services. [ more ]
morecanva
The Verge
2 months ago
Artificial intelligence

Adobe's new GenStudio platform is an AI factory for advertisers

AI-powered ad creation platform GenStudio introduced by Adobe.
GenStudio offers centralized hub for promotional campaigns with generative AI-powered tools.
Adobe also launches AI chatbot and updates to Firefly generative AI model. [ more ]
TipRanks Financial
2 months ago
Graphic design

Adobe Sell Rating Affirmed Amid Slowing Growth and Competitive Challenges - TipRanks.com

Phillip Securities analyst Paul Chew maintained a Sell rating on Adobe with a price target of $465.00.
Paul Chew cited factors like Adobe's decelerating revenue growth, competition, and delayed revenue potential from AI tools for his Sell rating. [ more ]
Creative Bloq
2 months ago
Graphic design

Adobe's Behance Pro could be a game changer for creatives who sell on the platform

Behance Pro membership tier launched by Adobe with premium features
Behance Pro offers advanced tools and zero commission on sales for members [ more ]
TipRanks Financial
2 months ago
Graphic design

Adobe's Stock Poised for Growth: Buy Rating Affirmed Amidst Innovation and Strong Financials - TipRanks.com

Keith Weiss maintains Buy rating on Adobe with $660.00 price target.
Weiss highlights Adobe's growth potential through new innovations and integration of segments. [ more ]
TipRanks Financial
2 months ago
Graphic design

Adobe Maintains Hold Rating Amid Cautious Q2 Guidance and $25 Billion Buyback Plan - TipRanks.com

Robert Oliver maintains Hold rating on Adobe with a price target of $525.00
Despite solid recent performance, caution persists due to guidance and pricing strategy changes [ more ]
#audio-editing
Engadget
2 months ago
Graphic design

Adobe's latest AI experiment generates music from text

Adobe introduces Project Music GenAI Control for AI-generated music creation and editing directly in Photoshop interface.
Users can input text prompts like genre or mood, then fine-tune audio using various adjustments within the tool. [ more ]
Creative Bloq
2 months ago
Artificial intelligence

Adobe's wild new AI tool is being called 'Photoshop for audio'

Adobe announced new experimental text-to-audio generative AI tools for music co-creation.
Project Music GenAI Control is compared to 'Photoshop for audio', offering precise AI-based audio editing. [ more ]
The Verge
2 months ago
Graphic design

Adobe's new prototype generative AI tool is the "Photoshop" of music-making and editing

Users can create and customize music using text prompts with Adobe's Project Music GenAI Control.
The tool allows users to adjust repeating patterns, tempo, intensity, and structure of the generated music and can extend the length of audio clips. [ more ]
moreaudio-editing
ReadWrite
2 months ago
Artificial intelligence

Adobe previews cutting-edge generative AI tools for custom audio

Generative AI tools for custom audio editing
Adobe's Project Music GenAI Control revolutionizes music creation [ more ]
Creative Bloq
3 months ago
Graphic design

'It ultimately enhances the creative process': How Paperboyo used Adobe Firefly AI to invent brand new UK racing tracks

Artist Rich McCor has collaborated with Adobe to reimagine F1 circuits in famous UK landmarks using AI.
McCor used Adobe Firefly's Generative Fill tool to integrate the tracks into the iconic locations. [ more ]
Tech Times
3 months ago
Graphic design

Adobe Partners with TikTok for Enhanced Content Creation via AI-Powered Creative Assistant

Adobe and TikTok partner to integrate AI-powered Creative Assistant into Adobe Express
Partnership aims to streamline content creation across platforms [ more ]
designboom | architecture & design magazine
3 months ago
Graphic design

adobe's first completed interactive dress debuts at christian cowan's runway in new york

The first-ever completed wearable garment called Project Primrose, an interactive Adobe dress, made its runway debut during New York Fashion Week.
Adobe's in-house tools, including Illustrator and After Effects, were used to design and animate the dress and make the fashion technology work. [ more ]
Creative Bloq
3 months ago
Graphic design

Adobe's hypnotic digital dress is finally runway ready

Adobe unveils interactive digital dress at New York Fashion Week
The dress features laser-cut polymer dispersed liquid crystal 'petals' that can change patterns multiple times per second [ more ]
#figma
www.nytimes.com
3 months ago
Tech industry

After Its $20 Billion Windfall Evaporated, a Start-Up Picks Up the Pieces

The $20 billion deal for Adobe to buy Figma fell apart after regulatory scrutiny.
Figma has reset its internal valuation to $10 billion, half of what Adobe planned to pay for it. [ more ]
Creative Bloq
3 months ago
Graphic design

It seems Adobe's given up on UI design (for now)

Adobe XD will remain in 'maintenance mode' with no major updates or investment.
Adobe has ruled out resurrecting XD or launching a new UI design tool, but is open to exploring partnerships in the space. [ more ]
Theregister
3 months ago
Graphic design

Adobe: 'No plans' to invest in XD despite its Figma failure

Adobe will no longer prioritize the development of XD, leaving the market open for Figma.
Adobe's attempt to acquire Figma for $20 billion was blocked by regulators due to concerns of a potential monopoly. [ more ]
www.fastcompany.com
5 months ago
Graphic design

Design fail: Adobe and Figma call off their merger as antitrust scrutiny intensifies

Adobe has abandoned its $20 billion takeover of Figma due to pressure from regulators in the UK and EU.
Regulators have been increasingly wary of anticompetitive deals in the tech sector, leading to scrutiny of mergers and acquisitions. [ more ]
www.theguardian.com
5 months ago
Graphic design

Adobe drops $20bn takeover of Figma after EU and UK regulator concerns

Adobe has abandoned its $20bn takeover of Figma due to concerns from regulators about competition.
The deal would have threatened competition in the product design software market, according to UK regulators. [ more ]
The Verge
5 months ago
Graphic design

Adobe abandons $20 billion acquisition of Figma

Adobe and Figma have mutually terminated their merger agreement.
Adobe will pay Figma a reverse termination fee of $1 billion. [ more ]
morefigma
eLearning
3 months ago
Graphic design

The Best Adobe Services and Products for Digital Marketers - eLearning

Adobe Experience Cloud offers a suite of tools for digital marketing, including analytics, audience management, content management, campaign execution, and e-commerce.
Adobe Creative Cloud provides applications for video editing, graphic design, photography, and web development. [ more ]
#photoshop
Crikey
3 months ago
Artificial intelligence

Adobe Photoshop's AI tools put women politicians in bikini bottoms and their male colleagues in suits

Nine News Melbourne blamed an "automation" error for publishing an edited image of a politician, which Adobe has cast doubt on.
Adobe's statement doesn't refute Nine's claim that the use of Photoshop introduced erroneous changes to the image through automation. [ more ]
Creative Bloq
4 months ago
Web design

Why Adobe is frustrating web designers

Adobe's acquisition of Photoshop and InDesign solidified its dominance in the print design and publishing markets.
Adobe's lack of interest and investment in internet publishing left it lagging behind in the digital era. [ more ]
morephotoshop
Practical Ecommerce
3 months ago
Marketing

Ecommerce Product Releases: January 30, 2024

Nuvei partners with Adobe to enhance ecommerce payments
Meta launches IP reporting center to help protect brands
Etsy launches AI-powered shopping tool for selecting gifts
Bold Commerce unveils biometric checkout using face and voice [ more ]
Digiday
4 months ago
Marketing

Why longtime festival sponsors Acura and Adobe are expanding their Sundance presence this year

Longtime sponsors like Acura and Adobe are expanding their experiential marketing efforts at the Sundance Film Festival.
Adobe is using its festival sponsorship to launch a $6 million film and TV fund dedicated to supporting underrepresented and emerging creators. [ more ]
Medium
4 months ago
UX design

Five times tech companies ignored the obvious & correct design solution at their peril

Some bad UX is due to cost-cutting or cheap designers, while others have no clear purpose or cause.
Adobe's window-sorting system in Illustrator, Photoshop, and XD is an example of mystifyingly bad UX. [ more ]
The Verge
5 months ago
Web design

Adobe refuses to compromise on its bid for Figma

Adobe refuses to make any compromises to appease the UK competition watchdog's concerns about its $20 billion acquisition of Figma.
The Competition and Markets Authority's recommendations leave Adobe with the option to sell off Figma Design or face the deal being blocked entirely. [ more ]
Creative Bloq
5 months ago
Graphic design

Adobe's controversial cancellation policy under FTC investigation

The Federal Trade Commission (FTC) is investigating Adobe's cancellation policies, which users claim are complicated and include unfair fees.
Adobe may face severe fines for a potential breach of the Restore Online Shoppers' Confidence Act. [ more ]
Creative Bloq
5 months ago
Design

Adobe just revealed the "functional and joyful" future of its software design

Adobe has unveiled Spectrum 2, the second generation of its design language for the Creative Cloud suite.
Spectrum 2 aims to create a unified visual language across all Adobe products and provide an expressive and approachable user experience. [ more ]
#Adobe
Medium
6 months ago
Web design

An updated illustration style for Document Cloud

Adobe is creating a new visual language for its Document Cloud products to improve consistency and connectivity between apps and platforms.
The illustrative approach includes a continuous line and loop, a hand, and Acrobat's workflow icons, allowing for versatility and a range of topics. [ more ]
Engadget
5 months ago
Graphic design

Adobe and Figma deal will 'harm' digital design sector, UK report suggests

The UK's Competition and Markets Authority (CMA) has released provisional findings on the Adobe and Figma merger, stating that it will eliminate competition, reduce innovation, and remove Figma as a threat to Adobe's software suites.
Figma is a major player in the UK design space, accounting for 80% of the market and a significant part of the country's app development sector.
The investigation concludes that the merger would eliminate competition in multiple fields, impacting sectors that generate $60 billion in annual revenue and employ 850,000 skilled workers. [ more ]
moreAdobe
The Verge
5 months ago
Web design

UK watchdog slams the brakes on Adobe's $20 billion bid for Figma

The UK's competition watchdog, the CMA, has provisionally determined that Adobe's proposed acquisition of Figma would harm competition in the design software market.
The CMA stated that the deal would eliminate competition in the software markets for product design, image editing, and illustration.
Possible remedies being considered include prohibiting the merger or requiring Adobe to divest its 'overlapping operations'. [ more ]
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