Figma has filed to go public on the NYSE under the ticker “FIG,” marking one of the most anticipated IPOs in recent years following its scrapped $20 billion acquisition by Adobe. CNBC reports: Revenue in the first quarter increased 46% to $228.2 millio…
BrianFagioli shares a report from NERDS.xyz: In a move that feels straight out of a different era, Xerox has officially acquired Lexmark for $1.5 billion. The deal includes net debt and assumed liabilities, and it pulls Lexmark out of the hands of Chin…
An anonymous reader quotes a report from TechCrunch: After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth …
Encrypted communications provider Proton has joined an antitrust lawsuit against Apple, filing a legal complaint that claims the company’s App Store practices harm developers, consumers, and privacy. The Switzerland-based firm joined a group of Korean …
Companies deliberately design customer service friction to discourage refunds and claims, according to research into a practice academics call “sludge.” The term, coined by legal scholar Cass R. Sunstein and economist Richard H. Thaler in their updated…