Adobe terminated the deal to acquire Figma for $20bn.

Adobe, an American multinational computer software company, terminated the deal to acquire Figma, a web-first collaborative design platform, for $20bn. "Figma and Adobe have reached a joint decision to end our pending acquisition. It’s not the outcome we had hoped for, but despite thousands of hours spent with regulators around the world detailing differences between our businesses, our products, and the markets we serve, we no longer see a path toward regulatory approval of the deal. We entered into this agreement 15 months ago with the goal of accelerating what both Adobe and Figma could do for our respective communities. While we leave that future behind and continue on as an independent company, we are excited to find ways to partner for our users," Figma.