Intuit plans to cut 10% of its global workforce, or ~1,800 employees, and rehire the same number, primarily in its engineering, product, and sales divisions
Intuit CEO Sasan Goodarzi sent the following note to Intuit employees today: Sheryl Estrada / Fortune : Exclusive: Intuit is laying off 1,800 employees as AI leads to a strategic shift Brandon Vigliar...
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 : ...
Twilio discloses “unauthorized access” on August 4 by a “sophisticated” unknown actor using an SMS-based phishing attack on staff to gain info on some accounts
Leaks Private Data via Phishing Jose Montes de Oca / Newslit Daily : 🗞 Axios to Sell to Cox Enterprises for $525MM Pierluigi Paganini / Security Affairs : Twilio discloses data breach that impacted cu...