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Morning Brew Daily
Adobe Scraps $20B Deal with Figma & Why Apple is Suspending the Next Apple Watch
Dec 19, 2023
27:46
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Adobe's $20B acquisition of Figma falls through, disrupting major mergers. Oil tanker attacks disrupt Red Sea trade routes. Apple Watch sales halted due to patent issues. US Steel sells itself for $14+ billion to Japanese rival. Southwest Airlines faces punishment for holiday meltdown.
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Quick takeaways
- Adobe's $20 billion acquisition of Figma fell through, indicating potential challenges for major mergers.
- Sales of the latest Apple Watch are being stopped due to patent issues, highlighting the importance of protecting intellectual property.
Deep dives
Volcano Eruption in Iceland
A volcano erupted in southwestern Iceland, surprising people as it had been expected for weeks. Iceland, well-prepared for volcanoes, doesn't anticipate this eruption to pose significant threats. However, caution is still advised.
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