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While loans can be cheaper than issuing bonds, shorter-term debt is currently more expensive than longer tenors. Typically companies take a bridge loan to fund mergers but then pay it down with a long-dated bond issue before closing. The tech giant also doubled the size of its commercial paper program to $6 billion and said that it could expand the size of the term loan to $6 billion. "If a term loan is necessary due to timing of the deal closing, we expect to pay it back quickly," the company said. In the market for junk bonds, for example, some companies are paying higher rates to raise funds.

☆ Relative to the fundamentals, software valuations are cheap, says MoffettNathanson's Auty
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRelative to the fundamentals, software valuations are cheap, says MoffettNathanson's AutySterling Auty, MoffettNathanson, joins 'TechCheck' to discuss where he is on tech valuations, the names that Auty has initiated coverage on and Adobe's decision to acquire Figma.

☆ Meet Dylan Field, the 30-year-old college dropout who built Figma, one of Silicon Valley's most beloved companies, and then will become a billionaire when it sells for $20 billion to Adobe
▼ + stars: | 2022-09-20 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

When design-software startup Figma had just started out, cofounder and CEO Dylan Field and his colleagues would pitch potential customers' design teams, but they struggled with one major problem. While customers were excited about Figma's product, they hesitated to switch from existing tools. Now, Adobe's $20 billion bid to buy the design software startup makes Field's stake in the company worth $2 billion. Field's rise to successEvan Wallace and Dylan Field are the cofounders of Figma. After taking time off to do a product design internship at news-sharing service Flipboard, he decided not to return to school.

☆ Meet Dylan Field, the 30-year-old college dropout who built Figma, one of Silicon Valley's most beloved companies, and is set to become a billionaire when it sells for $20 billion to Adobe
▼ + stars: | 2022-09-20 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

Adobe's $20 billion bid to buy Figma makes CEO Dylan Field's stake worth $2 billion. When the design-software startup Figma was just starting out, Dylan Field, its cofounder and CEO, and his colleagues would pitch prospective customers' design teams, but they struggled with one major problem. While customers were excited about Figma's product, they hesitated to switch from existing tools. Now, Adobe's $20 billion bid to buy Figma makes Field's stake in the company worth $2 billion. Field's rise to successEvan Wallace and Dylan Field are the cofounders of Figma.

☆ The design space overall has a lot of room to run, says Bessemer Venture Partners' Elliott Robinson
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe design space overall has a lot of room to run, says Bessemer Venture Partners' Elliott RobinsonElliott Robinson, Bessemer Venture Partners, joins 'TechCheck' to discuss what Adobe's acquisition of Figma means for the M&A market, whether it makes Adobe more competitive with Canva and if the acquisition of should or will be completed.

☆ The design space overall has a lot of room to run, says Bessemer Venture Partners' Elliot Robinson
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe design space overall has a lot of room to run, says Bessemer Venture Partners' Elliot RobinsonElliot Robinson, Bessemer Venture Partners, joins 'TechCheck' to discuss what Adobe's acquisition of Figma means for the M&A market, whether it makes Adobe more competitive with Canva and if the acquisition of should or will be completed.

☆ Laid-off Snap employees are fielding dozens of messages from TikTok, Facebook, and Netflix recruiters
▼ + stars: | 2022-09-20 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Well now, some of those laid-off employees are having trouble keeping up with demand from recruiters — and some say they've received reachouts from more than 70 companies. Laid-off Snap employees describe "overwhelming" recruiter outreach. After the company laid off a staggering 20% of its staff, some former workers' inboxes are filled with messages from Facebook, Netflix, and TikTok recruiters. As former employees found themselves without jobs, some told Insider they've fielded dozens of messages from recruiters. What laid-off Snap employees told us.

☆ Wells Fargo downgrades Adobe as $20 billion Figma acquisition raises questions
▼ + stars: | 2022-09-19 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Wells Fargo on Monday became the latest firm to downgrade Adobe after its recent acquisition of Figma. Analyst Michael Turrin downgraded the stock to equal weight from overweight, saying investors should sit on the sidelines as Adobe's $20 billion purchase of Figma raises questions. Adobe shares plunged 24% last week after the software company announced the acquisition. "Following a string of disappointing earnings results, Adobe shocked the software world announcing its intent to acquire Figma for ~$20Bn (1/2 cash, 1/2 stock)," Turrin wrote. The firm's new price target of $310, down from $425, represents just 3.5% upside for Adobe.

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☆ Stocks making the biggest moves in the premarket: AutoZone, Take-Two Interactive, bluebird bio and more
▼ + stars: | 2022-09-19 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Take-Two Interactive (TTWO) – Take-Two shares slid 5.8% in the premarket after Bloomberg reported that a hacker released gameplay from its upcoming Grand Theft Auto IV game online. bluebird bio (BLUE) – bluebird bio rallied 7.3% in premarket trading after the Food and Drug Administration approved the company's gene therapy for a rare and lethal brain disease in children. Wix (WIX) – Wix shares jumped 4.5% in premarket action after activist investor Starboard Value revealed a 9% stake in the web development platform company. NCR (NCR) – NCR slid another 1.3% in the premarket on top of a 20.3% plunge Friday after Morgan Stanley downgraded the stock to "equal-weight" from "overweight." Adobe fell 1.3% in premarket trading after falling 16.8% last Thursday and another 3.1% on Friday.

☆ Cramer's 3 reasons why profitable tech stocks are getting hit in the market
▼ + stars: | 2022-09-19 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday offered three reasons why tech firms, including companies with strong balance sheets, are seeing pain in the stock market. He gave three reasons why this might be the case:The strong U.S. dollar and the Europe energy crisis are making companies more frugal with their purchases. The central bank needs inflation to come down by any means necessary, which means the market could get uglier, Cramer said. Cramer added that the jury's still out on whether tech will stay crushed, or if this is an opportunity to buy the dip. "Has the sell-off gone too far, though, or is this simply a rolling nightmare that's not going to end anytime soon?

☆ Wall Street's biggest investors can't shake a nightmare about the US economy. And that fear is much worse than a recession.
▼ + stars: | 2022-09-18 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

Talk of a recession, rough inflation data, and the persistent increase in costs of certain staple goods has got Wall Street's biggest investors living in fear of an economic nightmare. Wall Street has been hit by a brutal market sell-off this year. Wall Street investors fear an economic nightmare. BMO Capital Markets is cutting jobs amid the broader downturn in dealmaking, according to Bloomberg. Private-equity investment firm Corsair has made an investment in Miracle Mile Advisors, a wealth advisory firm based in Los Angeles.

☆ Adobe's product chief sees its $20 billion bet on Figma as a way to fast-track into virtual-whiteboarding tools, which he says will soon become as important as PowerPoint
▼ + stars: | 2022-09-16 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +4 min

Adobe's $20 billion bid for Figma would bring one of its own biggest competitors on board. Adobe's $20 billion bid to buy the design-software company Figma shocked many in the design community, especially as IPOs and acquisitions have slowed amid the downturn. Since Dylan Field, the CEO of Figma, founded the company in 2012, it quickly became one of Adobe's biggest competitors. Belsky said that right now, there's no clear integration between Figma and Adobe's tools like Photoshop or Illustrator, but joining forces brings the opportunity to do that. Belsky said he sees whiteboard tools becoming as important as PowerPoint or other slide-presentation tools.

☆ Stocks making the biggest moves midday: FedEx, Adobe, Boeing and more
▼ + stars: | 2022-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Snowflake - Shares of the cloud computing company dropped more than 6% as growth stocks led Friday's sell-off. The decline came even as Needham initiated coverage of Snowflake with a buy rating, as the Wall Street firm sees potential new uses for its platform. Adobe – Adobe's stock built on Thursday's declines, sinking just over 3% after a slew of downgrades from Wall Street analysts. Bank of America downgraded the technology stock to neutral as it awaits further clarity on Adobe's Figma acquisition.

☆ Google Cloud plans to unfreeze hiring by October, leaked memo says
▼ + stars: | 2022-09-16 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

A leaked email shows the firm plans to unfreeze hiring by October, reversing a pause that was set in motion in July. A leaked memo shows Google Cloud plans to unfreeze hiring. In an email sent to staff and obtained by Insider, Brad Calder, Cloud's vice president of technical infrastructure, said leadership is aiming to unfreeze hiring by October. The news comes months after Google announced plans to pull back on hiring due to uncertain economic conditions (though the firm has been hiring for critical roles across certain teams). Calder also said Google Cloud must hone its priorities for 2023, and that there are "too many Code Yellows and Purples."

☆ Adobe's $20 billion deal to buy Figma is one of the biggest ever for a venture-backed startup. Early VC investors like Index Ventures, Greylock, and Kleiner Perkins stand to win big.
▼ + stars: | 2022-09-15 | by ( April Joyner | ) www.businessinsider.com time to read: +2 min

Adobe is buying the design-software startup Figma for $20 billion. Its early backers, including Index Ventures and Greylock, are likely to see big returns as a result. In a sleepy period for initial public offerings and blockbuster acquisitions, Adobe's $20 billion deal to acquire the design-software company Figma stands out. The acquisition is likely to be a sweet deal for early investors such as Kleiner Perkins, Index Ventures, and Greylock Partners. And now, Adobe is paying $20 billion, a combination of cash and stock, which is twice Figma's last known valuation.

We outlined the 22 best online courses and free tutorials to learn Adobe Suite software. From Photoshop and Premiere Pro to Illustrator and After Effects, Adobe Suite programs are used to create everything from email newsletters and magazine layouts to professional videos and animated art. Whether you've never downloaded Adobe software or are already experienced in graphic design, we collected some of the best 22 online courses and tutorials to learn Adobe Suite programs. Some, like Adobe's tutorials and select LinkedIn Learning courses, are completely free, while courses on Udemy and Domestika are often on sale. The 22 best online courses to learn Adobe Suite:Adobe Photoshop online coursesAdobe Illustrator online coursesAdobe Premiere Pro online coursesAdobe InDesign online coursesAdobe After Effects online coursesAdobe Lightroom online courses

Persons: you've, Coursera Organizations: Adobe, Service, Suite Locations: Wall, Silicon

☆ Adobe's chief product officer predicts the 5 biggest tech trends of 2022
▼ + stars: | 2021-12-31 | by ( Scott Belsky | ) www.businessinsider.com time to read: +11 min

Scott Belsky is the founder of Behance and the chief product officer at Adobe. The next generation of talent entering the workforce will overwhelmingly opt for what I've come to call "polygamous careers." The rise of immersive experiences will mainstream 3D creationI promised myself I wouldn't say it…but "Metaverse." We'll want AI-driven immersive experiences to know us well, but not at the expense of our security and comfort. Scott Belsky is an entrepreneur (Behance, 99U), and chief product officer of Adobe.

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