Andamanz.in
No Result
View All Result
Tuesday, October 21, 2025
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports
Andamanz.in
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports
No Result
View All Result
Andamanz.in
No Result
View All Result
Home Tech

EU Antitrust Physique to Announce Resolution on Adobe, Figma $20 Billion Deal on August 7

by Staff Reporter
July 4, 2023
in Tech
0
EU Antitrust Physique to Announce Resolution on Adobe, Figma  Billion Deal on August 7
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


EU antitrust regulators will determine by August 7 whether or not to clear Adobe’s $20 billion (roughly Rs. 1,63,900 crore) bid for cloud-based designer platform Figma after a preliminary assessment, in accordance with a European Commission submitting on Monday.

Photoshop maker Adobe sought EU approval final Friday. A request made a month earlier than the summer season holidays suggests the corporate expects the EU competitors enforcer to open a full-scale investigation following its preliminary scrutiny.

The Commission earlier this 12 months warned the deal threatens to considerably have an effect on competitors available in the market for interactive product design and whiteboarding software program.

Figma’s web-based collaborative platform for designs and brainstorming is massively widespread amongst tech companies together with Zoom Video Communications, Airbnb and Coinbase.

Britain’s competitors watchdog on Friday gave Adobe per week to supply treatments to handle its issues or face a deeper investigation.

Adobe stated in June that it’s going to supply Firefly, its synthetic intelligence instrument for producing photos, to its giant enterprise prospects, with monetary indemnity for copyright challenges involving content material made with the instruments.

The transfer to incorporate compensation comes amid an increase in lawsuits across the picture information utilized in AI companies from firms akin to Stability AI and Midjourney that may generate imagery from just some phrases of textual content.

Adobe, earlier this 12 months, launched a take a look at model of Firefly, its personal service which it says was created with legally protected picture information.

Adobe stated it should begin providing Firefly to its company prospects as a part of Adobe Express, a instrument aimed toward serving to enterprise customers who don’t concentrate on design to create photos and paperwork.

In an effort to present these prospects confidence, Adobe stated it should supply indemnification for photos created with the service, although the corporate didn’t give monetary or authorized particulars of how this system will work.

“We financially are standing behind all of the content that is produced by Firefly for use either internally or externally by our customers,” Ashley Still, senior vice chairman of digital media at Adobe, instructed Reuters.

© Thomson Reuters 2023


From the Nothing Phone 2 to the Motorola Razr 40 Ultra, a number of new smartphones are anticipated to make their debeut in July. We focus on all the most fun smartphones coming this month and extra on the most recent episode of Orbital, the Gadgets 360 podcast. Orbital is out there on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)

Affiliate hyperlinks could also be robotically generated – see our ethics assertion for particulars.
Tags: Adobeadobe figma deal eu antitrust regulator photoshop usd 20 billion acquisition deal adobeadobe fireflyaiannounceAntitrustartificial intelligenceAugustBillionBodyDealDecisioneueu antitrust regulationseu antitrust regulatorseuropean commissioneuropean unionfigmaphotoshop
  • Trending
  • Comments
  • Latest

Illegal Sand Mining: A Menace to Havelock Island

February 12, 2023
Crocodile Scare at Elephant Beach: Child Reptile Sparks Panic Amongst Tourists

Crocodile Scare at Elephant Beach: Child Reptile Sparks Panic Amongst Tourists

May 3, 2025

Eco Diver India Takes a Step Towards Reef Conservation: Offers Free Dive Master Courses to Andaman’s Underprivileged Youths

February 19, 2023
Low stress space shaped over South Andaman Sea, neighbouring area: IMD – Business Standard

Low stress space shaped over South Andaman Sea, neighbouring area: IMD – Business Standard

February 12, 2023
Full Ban on Recognized Single Use Plastic Objects all through the Nation from 1st July 2022

Full Ban on Recognized Single Use Plastic Objects all through the Nation from 1st July 2022

0
Large infrastructure undertaking threatens Great Nicobar Island

Large infrastructure undertaking threatens Great Nicobar Island

0
Absconding accused hotelier arrested from Haryana’s Karnal

Absconding accused hotelier arrested from Haryana’s Karnal

0
Cold Wave Sweeps Northern States Will Proceed For Subsequent 3 Days IMD

Cold Wave Sweeps Northern States Will Proceed For Subsequent 3 Days IMD

0
Competitions and Actions Held Beneath ‘Monsoon Book Reading Festival 2.0’ and ‘Seva Pakhwada’ at State Library

Competitions and Actions Held Beneath ‘Monsoon Book Reading Festival 2.0’ and ‘Seva Pakhwada’ at State Library

October 21, 2025
Harshvardhan Rane-Sonam Bajwa’s movie receives PRAISE, netizens name it ‘a mix of…’

Harshvardhan Rane-Sonam Bajwa’s movie receives PRAISE, netizens name it ‘a mix of…’

October 21, 2025
How did the vetaran actor DIE? His final social media put up REVEALS…

How did the vetaran actor DIE? His final social media put up REVEALS…

October 21, 2025
When and the place to observe VIRAL Korean drama in India?

When and the place to observe VIRAL Korean drama in India?

October 20, 2025

Most Popular

Beware of Scuba Diving Scams in Havelock Island: Safeguard Your Diving Expertise

September 30, 2023
“A Stinking Affair”: Restroom Nightmares at Havelock Jetty

“A Stinking Affair”: Restroom Nightmares at Havelock Jetty

October 7, 2025
Giannis Antetokounpo Net Worth 2023

Giannis Antetokounpo Net Worth 2023

December 4, 2023
Miami Heat May Hone Jonathan Kuminga to be the Next Star, However at What Price?

Miami Heat May Hone Jonathan Kuminga to be the Next Star, However at What Price?

June 28, 2025
India vs Sri Lanka: India vs Sri Lanka 2023 Live Cricket Rating, Live Rating Of Today's Match on NDTV Sports activities

India vs Sri Lanka: India vs Sri Lanka 2023 Live Cricket Rating, Live Rating Of Today's Match on NDTV Sports activities

January 12, 2023
Yu Menglong SHOCKING Loss of life Controversy: Lawyer claims investigation fraud: ‘There really was…’

Yu Menglong SHOCKING Loss of life Controversy: Lawyer claims investigation fraud: ‘There really was…’

October 3, 2025
Andamanz.in

Categories

  • Breaking News
  • Business
  • City
  • Crime
  • Entertainment
  • Environment & Human Interaction
  • Health
  • Local News – Andaman & Nicobar
  • Politics
  • Scuba Diving
  • Sports
  • Tech
  • Tourism & Safety
  • Uncategorized
  • Wildlife & Conservation

Site Navigation

  • Home
  • Contact US
  • Privacy & Policy
  • Terms and Conditions

Recent News

Competitions and Actions Held Beneath ‘Monsoon Book Reading Festival 2.0’ and ‘Seva Pakhwada’ at State Library

Competitions and Actions Held Beneath ‘Monsoon Book Reading Festival 2.0’ and ‘Seva Pakhwada’ at State Library

October 21, 2025

© 2022 Andamanz - All Rights Reserved

No Result
View All Result
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports

© 2022 Andamanz - All Rights Reserved