Adobe snapped up Figma in a $20 billion deal that had some scratching their heads • TechCrunch


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Happy Thursday! Did everyone recover from zooming in this morning? Don’t worry, Zoom is back, but if anything, we hope it helped you have a quieter day… at least for a while. – Christine And came

TechCrunch’s Top 3

  • One competitor at a time: The digital design world got a big buzz today when Adobe announced it was buying one of its biggest rivals, Figma, in a $20 billion deal, and both investors and film fans are wondering what will change, and what to say if the changes are bad. Ingrid Reports. Meanwhile, Alex It’s decided the deal in TechCrunch+ land.
  • Here is the “combination”.Talk of the “merger” has been with us for weeks, and today it’s finally here. If you don’t follow cryptocurrency, this means that Ethereum, one of the most popular blockchains in crypto, has now switched to proof-of-consensus, which means that it now consumes much less electricity. Roman He wrote. and for TC+, Jacqueline Tells us why it matters Lido, Coinbase, Kraken and Binance have the majority of ETH.
  • There is a fix for that.Apple is simply clearing the way with iPhone 14 integration setup. Ivan It has more.

Startups and VCs

today, came It is run by Micromobility America. They insist on using the MMA acronym, so he’s expecting a punch to the face at any moment, but so far the only risk of injury is through neck-breaking micro-mobility in the form of electric roller blades. it is. in case Coincidentally, on the same day Cav announced that it was investing in a 3D printing factory for bicycle helmets.

Nowadays, mobility seems to be everywhere – Matt Note that mobility startups are filling the void at the Detroit Auto Show, a shell of its former self.

The TechCrunch team has been unusually busy. There is a news wall on the TechCrunch homepage. Here are some that caught our eye on this auspicious Thursday:

Pitch Deck Teardown: Helu.io’s $9.8M Series A deck

Image Credits: serial number (Opens in a new window)

Helping small and medium-sized enterprises manage, report and budget may not sound like fun, but Austrian fintech startup Helu.io’s storytelling skills impressed investors to raise a $9.8 million Series A in July.

Helu shared with us the overall winning pitch plus some details on unit economics and revenue. As these slides suggest, the founders took a straightforward approach:

Problem: “The CFO’s pain is Excel.”

Solution: “Goodbye Excel Sheets”

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here.. Use code “DC” for 15% off annual subscription!)

Big Tech Inc.

We can’t help but remember Rashida Jones’ character on “The Office” giving the game a shout-out whenever duty calls. In today’s situation, Jordan It was there when Activision revealed what the next generation of gaming would look like.





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