Thursday, February 16, 2023

Adobe will need EU okay to acquire Figma, regulators say

The move by the European Commission underlines regulators' worries on Big Tech acquiring smaller innovative rivals and the impact on competition. https://ift.tt/wszFOcy

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...