Tag: adobe

Adobe abandons $20 billion acquisition of Figma

image via theverge.com
image via theverge.com

Following mounting pressure from regulators in the UK and EU, Adobe and Figma announced on Monday that both companies are mutually terminating their merger agreement, which would have seen Adobe acquire the Figma product design platform for $20 billion. “It’s not the outcome we had hoped for,” said Figma CEO Dylan Field in a statement. “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.”

https://www.theverge.com/2023/12/18/24005996/adobe-figma-acquisition-abandoned-termination-fee

Adobe Firefly’s generative AI models can now create vector graphics in Illustrator | TechCrunch

image via techcrunch.com
image via techcrunch.com

Illustrator is Adobe’s vector graphics tool for graphic artists and it’s about to join the generative AI era with the launch of the Firefly Vector Model at Adobe’s MAX conference today. In its beta, Illustrator will now let you create entire scenes through a text prompt. What’s nifty here is that those scenes can consist of multiple objects. So this isn’t just a jumble of vectors that make up the overall graphic but Illustrator will automatically generate these different objects and you can manipulate them individually to your heart’s content, just like any other group or layer in Illustrator.

https://techcrunch.com/2023/10/10/adobe-brings-its-firefly-generative-ai-models-to-vector-graphics-in-illustrator/

Chromebook Plus buyers will get a long free trial of the new web-based Photoshop

image via techradar.com
image via techradar.com

Adobe is entering a partnership with Google and offering a free three-month trial to both Photoshop on the web and an Express Premium plan to those who purchase one of the new Chromebook Plus devices. Up until recently, it wasn’t possible to run Photoshop on ChromeOS because important executable files couldn’t be installed.

https://www.techradar.com/computing/chromebooks/chromebook-plus-buyers-will-get-a-free-trial-of-the-new-web-based-photoshop

Adobe’s Firefly generative AI models are now generally available, get pricing plans

image via techcrunch.com
image via techcrunch.com

What’s maybe even more important, though, is that Adobe also today announced how it plans to charge for Firefly going forward. The company is going to use what it calls “generative credits” to measure how often users interact with these models. Basically, every time you click “generate” to create a Firefly image, you’ll consume one credit (and the company retooled the Firefly web app, for example, so that it doesn’t automatically start generating images before you’ve made all of the tweaks you wanted to make).

https://techcrunch.com/2023/09/13/adobes-firefly-generative-ai-models-are-now-generally-available-get-pricing-plans/

DOJ suit could represent significant stumbling block for $20B Adobe-Figma deal

image via techcrunch.com
image via techcrunch.com

The DOJ is reportedly getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is anti-competitive. Bloomberg first reported the story yesterday afternoon. In a statement, Adobe took exception with the idea that the deal is anti-competitive, arguing that the two companies are looking at very different markets — creativity and collaboration.

https://techcrunch.com/2023/02/24/doj-suit-could-represent-significant-stumbling-block-for-20b-adobe-figma-deal/

Photoshop Paywalls Pantone Colors, Is Turning Users’ Art Black

PAINT SWATCHES. GETTY IMAGES

Pantone is putting 15,000 colors behind a paywall for users on some of the most popular Adobe products starting next month—leaving designers who want to use, or have ever used in the past, no choice but to pay up if they want to use them.

https://www.vice.com/en/article/y3pedx/photoshop-paywalls-pantone-colors-is-turning-users-art-black