Adobe - the inventor of Photoshop & Illustrator - has just bought their competitor for $20 billion
Figma is a web-based design tool which allows multiple designers to collaborate together. It doesn't require anything to be downloaded, and is loved by many across the design industry -- think of them as the Google Docs to Microsoft Word. The trouble.. these big companies often don't have a good track record of integrating the products they buy, or continuing to invest in what makes them great. Adobe though is lagging behind in the web/app design space and this acquisition means they now don't need to build it themselves. Wall Street didn't seem to love the deal, with Adobe shares dropping 17% almost instantly - their worst day since 2010. It's 23% down from the start of the week.
Uber is investigating a security breach
The hacker announced themselves in their Slack groups claiming to have access to a number of systems and then finished the message with the hashtag "Uber Underpays drivers". In response, Uber took a bunch of its internal systems offline, kicked off an investigation and contacted law enforcement. The NYTimes reports, through conversations with the apparent hacker, that they got in through social engineering.. tricking an employee into giving them their password which then gave them access to a range of systems. Once they discovered an admin password they could get into even more systems.
Uber says "sensitive" customer data doesn't appear to be breached.
See omnystudio.com/listener for privacy information.
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