2026-08-06
Figma did almost everything a young public company is asked to do. Revenue rose 48% to $370.1m, beating estimates, its third straight quarter of speeding growth. It raised its full-year forecast. The stock fell about 16% after hours anyway. The reason sits a few lines down the income statement. Building and running AI is expensive, […]<br /> This story continues at The Next Web [...]
2026-08-06
Etsy beat Wall Street on revenue, raised its outlook, and told investors it would buy back $2bn of its own shares. Then it said it was cutting 12% of its staff. The craft marketplace announced a restructuring on Wednesday that removes roughly 220 roles, most of them in product and engineering, CNBC reported. That leaves […]<br /> This story continues at The Next Web [...]