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UK readies in-depth investigation into Adobe’s $20B Figma acquisition
The U.K.’s Competition and Markets Authority (CMA) has provisionally concluded that Adobe’s proposed $20 billion bid for digital design rival Figma could result in a “substantial lessening of competition” in the U.K for designers. As a result of its initial findings, the CMA is progressing the case to an in-depth “phase 2” investigation, albeit the […]
UK readies in-depth investigation into Adobe’s $20B Figma acquisition by Paul Sawers originally published on TechCrunch
Fidelity deepens valuation cut for Reddit and Discord
Fidelity has further slashed the estimated worth of its holding in social platform Reddit and chat app Discord as well as SaaS startup Gupshup, giving a preview into how the asset manager sees the impact of the ongoing slowdown in the public market on privately-held shares. Fidelity Blue Chip Growth Fund valued its holdings in […]
Fidelity deepens valuation cut for Reddit and Discord by Manish Singh originally published on TechCrunch
Doctor Makes Millions Performing Bizarre Implant Surgery
Twitter’s plea against India government dismissed
An Indian court has dismissed Twitter’s lawsuit against the Indian government that sought to challenge New Delhi’s block orders on tweets and accounts. The Karnataka High Court dismissed the plea, filed last year, and also fined the Elon Musk-owned firm 5 million Indian rupees ($61,000). “Your client (Twitter) was given notices and your client did […]
Twitter’s plea against India government dismissed by Manish Singh originally published on TechCrunch
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Korea’s Alwayz aims to make online shopping fun again with $46M in funding
Seoul-based e-commerce company Levit, an operator of the shopping app Alwayz, wants to make the shopping experience more entertaining and affordable. The two-year-old startup has recently raised $46 million in a Series B round of funding led by DST Global Partners with participation from new investor BOND and existing backers KB Investment, Mirae Asset Capital, […]
Korea’s Alwayz aims to make online shopping fun again with $46M in funding by Kate Park originally published on TechCrunch