Day by day Crunch: Adobe snaps up Figma in proposed $20B deal that has some scratching their heads

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Blissful Thursday! Has everybody recovered from Zoom going down this morning? Don’t fear, Zoom is again up, but when something, we hope it helped you might have a quieter day…for some time no less than.  — Christine and Haje

The TechCrunch High 3

  • One rival at a time: The digital design world bought a deal with right this moment when Adobe introduced it was shopping for Figma, one in every of its greatest rivals, in a $20 billion deal that has each buyers and Figma lovers pondering what is going to change and if these modifications will probably be unhealthy, Ingrid stories. In the meantime, Alex provides his take on the deal over in TechCrunch+ land.
  • “The Merge” is here: Discuss of “The Merge” has been with us for weeks, and right this moment it’s lastly right here. In case you don’t observe cryptocurrency, which means that Ethereum, one in every of crypto’s hottest blockchains, has now switched to proof-of-stake consensus, which additionally means it’s going to now eat lots much less electrical energy, Romain writes. And for TC+, Jacquelyn tells us why it issues that Lido, Coinbase, Kraken and Binance have a majority stake of ETH.
  • There’s a fix for that: Apple is clearing a path for straightforward iPhone 14 integration with a setup repair. Ivan has extra.

Startups and VC

At the moment, Haje has been working round at Micromobility America. They insist on utilizing the MMA acronym, so he’s anticipating a fist to the face any second, however up to now the one danger of damage has been from neck-breaking micromobility within the type of electrical rollerblades. It’s most likely a coincidence that Kav announced it is spooling up a 3D printing factory for bike helmets on the identical day.

Seems like mobility is all over the place as of late — Matt notes that mobility startups are filling the void in a Detroit auto present that’s a shell of its former self.

The TechCrunch crew has been terribly busy. There’s a wall of reports on the TechCrunch homepage; right here’s a couple of of those that caught our eye this positive Thursday:

Pitch Deck Teardown:’s $9.8M Sequence A deck

Serving to small- and medium-sized enterprises with their controlling, reporting and budgeting could not sound thrilling, however Austrian fintech startup’s storytelling expertise excited buyers sufficient to lift a $9.8 million Sequence A in July.

Aside from some particulars concerning unit economics and income, Helu shared its total successful pitch deck with us. As these slides counsel, its founders took an easy method:

Drawback: “The CFO’s ache is Excel.”

Answer: “Goodbye Excel sheets.”

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You can sign up here. Use code “DC” for a 15% low cost on an annual subscription!)

Large Tech Inc.

At any time when Name of Responsibility is talked about, we will’t assist however recall Rashida Jones’s character in “The Workplace” giving the game a shout-out. In right this moment’s case, Jordan was there as Activision unveiled what the sport’s subsequent era will seem like.

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