Design tool Figma has revealed in its initial public offering filing that it is spending a massive $300,000 on cloud ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

The company is well on its way to generating $1 billion of revenue in 2025 with steady profits a possibility too.

Figma's IPO filing reveals a staggering $300,000 daily spend on AWS, totaling $100 million annually, or 12% of its $821 million revenue. The company's deep reliance on AWS exposes it to ...

The Figma IPO has plenty of buzz building around it, with the design software company expected to start trading next week.

About a year and a half after Adobe’s attempted $20 billion acquisition of design software unicorn Figma collapsed, Figma has taken a step towards a new future in the public markets.

Artificial intelligence companies are largely cheering President Trump’s “AI Action Plan” issued this week — no surprise, ...

The US economic engine sputtered in May: Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation heated up on an annual basis.

Labor market, consumer spending, and revised GDP data show the economy is facing serious headwinds.

WASHINGTON — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month.

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending.