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 ...
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 ...
Figma’s AI-propelled growth is now translating into real financial numbers. The company has been very successful in cross-selling and upselling products to its existing clients. Integration of the ...
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 ...
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