Adobe drops on weak forecast fuelled by AI competition fears
ADOBE dropped about 10 per cent in extended trading after giving a weak outlook for sales in the current quarter, fuelling concerns...
IBM says use of Adobe AI tools in marketing boosted productivity
INTERNATIONAL Business Machines (IBM) on Wednesday (Mar 6) said that its initial testing of generative artificial intelligence (AI) tools from Adobe has...
Adobe and Figma terminate US$20 billion deal after regulator clash
ADOBE walked away from its US$20 billion acquisition of startup Figma after clashing with regulators in Europe and the UK.
UK regulator says Adobe's US$20 billion Figma deal could harm sector
BRITAIN’S competition regulator said on Tuesday (Nov 28) Photoshop owner Adobe’s US$20 billion buyout of cloud-based designer platform Figma could harm innovation...
Adobe’s US$20 billion Figma UK deal probe deadline extended
THE UK probe into Adobe’s US$20 billion takeover of Figma was extended after the antitrust watchdog said it needed more time to...
Adobe unveils new image generation tools in AI push
ADOBE on Tuesday (Oct 10) said it is rolling out new image-generation technology that can draw inspiration from an uploaded image and...
Adobe hit with US$33.8 million patent verdict over digital licensing technology
ADOBE owes a software company nearly US$33.8 million for infringing a patent that covers a system for controlling access to digital content...
Adobe offers tepid sales outlook despite growing AI optimism
ADOBE provided a sales outlook that met analysts’ expectations, but disappointed investors who expected demand for the company’s artificial intelligence (AI) tools...
Adobe, others join voluntary US scheme to manage AI risks
ADOBE, IBM, Nvidia and five other firms have signed US President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps...
UK announces in-depth probe of Adobe’s US$20 billion Figma deal
BRITAIN’S antitrust regulator on Thursday (Jul 13) referred Adobe’s US$20 billion buyout of cloud-based designer platform Figma to an in-depth probe saying...