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Adobe Projects Strong Profit, Signaling It s Part of AI Boom

(Bloomberg) Adobe Inc. rose in extended trading after projecting strong future sales for its creative products, suggesting customers are adopting the company’s new artificial intelligence-based tools.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashTesla Investors Back Musk’s $56 Billion Pay Deal, Texas MoveHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Tech Powers Stocks

New yorkUnited statesDan durnBloomberg businessweekServicenow incBloomberg adobe incWorkday incSalesforce incChief financial officer dan durn

Adobe Projects Strong Profit, Signaling It s Part of AI Boom

Adobe Projects Strong Profit, Signaling It s Part of AI Boom
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesAnurag ranaDan durnShantanu narayenSalesforce incWorkday incCanva incBloomberg adobe incServicenow incChief financial officer dan durnExecutive officer shantanu narayen

Adobe Gives Up on Web-Design Product to Rival Figma After Deal Collapse

(Bloomberg) Adobe Inc. will end its effort to create a web design product to rival Figma Inc. after the collapse of its proposed $20 billion acquisition of the startup.Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainUPS to Cut 12,000 Jobs, Bring Workers in Five Days a WeekTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetStock Rally Stalls in Run-Up to Tech Earnings, Fed: Markets WrapBlackstone Is Building a $25 Billion Empire of Power-Hungry Da

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Adobe Gives Up on Web-Design Product to Rival Figma After Deal Collapse

Adobe Gives Up on Web-Design Product to Rival Figma After Deal Collapse
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Dana raoBloomberg adobe incFigma incGeneral counsel dana raoWall streetAdobe looksBuybacks withAfter figma

Adobe Has $6 Billion for AI and Buybacks After Figma Deal Collapses

Adobe Has $6 Billion for AI and Buybacks After Figma Deal Collapses
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Mark moerdlerSanford bernsteinKeith bachmanJpmorgan markr murphyTyler radkeCanva incCitigroup incBloomberg adobe incFigma incFocus isnt figma any moreRegulator lawsuitSan joseCalifornia based adobeSan francisco based figma