Backed by major Silicon Valley investors Kleiner Perkins and Sequoia, Figma structured its IPO as an auction, inviting ...

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

Plus: UK sets deadline to recognise Palestine at UN; US and China agree to seek tariff truce extension, no breakthrough; ...

Figma upped its IPO target to $1.2 billion as the maker of design software looks to capitalize on a hot tech market.