We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch. The ...
Major platform redesign: OpenAI will soon roll out a ChatGPT 'superapp' for web and mobile, adding coding tools, AI agents, image generation, and integrations with services like Canva, Booking.com, ...
Posts from this topic will be added to your daily email digest and your homepage feed. is editor-in-chief of The Verge, host of the Decoder podcast, and co-host of The Vergecast. We’ve got a fun ...
Figma shares have fallen 58% since the last quarterly report, compressing valuation to an EV/S of 9.4x, despite hyper revenue growth (38% year on year last quarter) and market leadership. Recent ...
In fact, Figma plunged on April 17 when Anthropic launched Claude Design, a direct competitor to Figma, falling 7% that day. Now, Figma is due to report first-quarter earnings on May 14, and it could ...