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%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Uber signs with Yellow Cab SF and Flywheel Technologies to bring all of San Francisco's 1,075 taxis to its app in the coming months, after a similar deal in NYC
Carolyn Said / San Francisco Chronicle :
Pinterest is canceling its 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward remote work amid the pandemic
Pinterest terminated its massive 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward more remote work amid the coronavirus pandemic.
Grubhub has agreed to acquire Tapingo, a San Francisco-based food ordering service that operates on 150 college campuses, for $150M
Grubhub has agreed to acquire San Francisco's college-campus food ordering service Tapingo for $150 million. — The deal will allow the Chicago company …
Didi Kuaidi and Lyft in discussions with India's Ola and Singapore's GrabTaxi to expand ride share alliance internationally
Uber Rivals Form International Alliance — San Francisco's Lyft, China's Didi agree to allow their apps to work in respective countries
Sources: Apple agrees to rent 75K square feet of office space in San Francisco's SoMa, in first big push into the city
Cory Weinberg / bizjournals :