September 16, 2022, 12:00 AM

Top News

Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%  —  Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion in a bid to expand its suite of creative tools for professionals.
More: Figma, Adobe Press Releases, Wall Street Journal, The Verge, TechCrunch, The Information, Greylock, ZDNet, SecurityWeek, CRN,, SiliconANGLE, Daring Fireball, CNBC, Silicon Valley Business …, Index Ventures, Space Among The Clouds, Tomasz Tunguz, Pixel Envy, Engadget, Forrester, Michael Tsai, iTnews, DEVCLASS, and Crunchbase News
New York Times:
Uber is investigating a breach of its computer systems, saying a hacker compromised a worker's Slack account and also gained access to other internal systems  —  The company said on Thursday that it was looking into the scope of the apparent hack.  —  Uber's computer network was breached on Thursday …
Mike Truppa / The Block:
Casey Newton / Platformer:
TikTok and ByteDance's links to China mean wrongdoing will be punished more harshly in the US than Meta and Twitter, no matter how “transparent” the company is  —  In new testimony to Congress, the company faces stern questions on China  —  Ever since TikTok became …
Natasha Singer / New York Times:
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024  —  The bill could require many social media sites, games and other online services used by children to install protections for minors.
Victoria Song / The Verge:
Amanda Silberling / TechCrunch:
TikTok rolls out Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using both front and back cameras  —  TikTok launched a new feature today that is basically just a copy of BeReal, the buzzy French social app that's been steadily gaining popularity.
The Information:
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions  —  For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.
Drew Harwell / Washington Post:
Senator Ron Wyden reveals the CBP told Congress it adds data from ~10K travelers' devices per year to a database, accessible by 2,700 officers without a warrant  —  Contacts, call logs, messages and photos from up to 10,000 travelers' phones are saved to a government database every year
Ben Schoon / 9to5Google:
Some YouTube viewers say the platform's ads expanded in length and quantity over the past month or two, with reports of five to 10 unskippable ads per break  —  The experience of watching YouTube has been infiltrated by ads over the years as a means of maintaining the platform and supporting creators financially.
Mariella Moon / Engadget:
Snap makes Snapchat for Web available to all users globally, including chat, photos, and audio and video calls, releases iOS 16 lock screen widgets, and more  —  Snapchat's messaging and video chat features first made their way to browsers back in July, but only in select markets and for Snapchat+ subscribers.
Kyle Wiggers / TechCrunch:
Winn.AI, maker of an AI assistant to help sales teams track, capture, and update CRM entries, comes out of stealth with a $17M seed led by Insight and S-Capital  —  Conventionally, salespeople are responsible for juggling tasks like following a playbook, capturing responses, building rapport …
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