Adobe forecasts fourth-quarter profit above estimates on AI strength
(Reuters) – Photoshop software maker Adobe forecast current-quarter profit above Wall Street estimates on Thursday, after beating revenue estimates for the third quarter on strong demand for its photo, video editing and…
Adobe, Nvidia AI imagery systems aim to resolve copyright questions
By Dawn Chmielewski and Stephen Nellis (Reuters) – Two Silicon Valley companies on Tuesday announced new tools that use artificial intelligence to generate images while tackling some of the thorniest legal issues…
U.S. preparing antitrust suit to block Adobe plan to buy Figma -Bloomberg News
(Reuters) – The U.S. Justice Department is preparing an antitrust lawsuit to block software maker Adobe Inc’s $20 billion bid for cloud-based designer platform Figma, Bloomberg News reported on Thursday, citing people…
Adobe signs chip supplier Qualcomm for marketing tech software
By Stephen Nellis (Reuters) – Adobe Inc said on Thursday it had signed a deal with semiconductor Qualcomm Inc as a customer for its cloud-based marketing software. Once best known for tools…
U.S. Online goods prices fall in positive sign for Fed – Adobe
By Howard Schneider WASHINGTON(Reuters) – Prices for online goods in the United States fell at a nearly 2 percent annual pace in November, the fastest decline since the onset of the COVID-19…
Black Friday online sales to hit record despite high inflation -Adobe Analytics
(Reuters) -U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year’s…
New Adobe software tools aim to aid 3D content creation for metaverse
By Stephen Nellis (Reuters) – Adobe Inc on Tuesday released a set of new software tools designed to make it easier to create three-dimensional digital objects for marketing campaigns, video games and…
U.S. online prices dropped, spending slowed in April – Adobe
By Howard Schneider (Reuters) – Online prices fell 0.5% in April and U.S. consumers pulled back on electronic commerce, possibly reflecting a change in consumer behavior and the Federal Reserve’s efforts to…
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