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Adobe Inc.

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff

by Sipho Sepamla
Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff

The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.’s proposed $1.7 billion deal to buy robot vacuum firm iRobot Corp. was given the all-clear by …

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SAP plans job changes or buyouts for 8,000 employees in restructuring plan

by Merchant Moller
SAP plans job changes or buyouts for 8,000 employees in restructuring plan

SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg …

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Alphabet ends contract with Appen, which trained Bard, Google Search

by Sipho Sepamla
Alphabet ends contract with Appen, which trained Bard, Google Search

Alphabet has cut contractual ties with Appen, the artificial intelligence data firm that helped train Google’s chatbot Bard, Google Search results and other AI products. After a “strategic review process,” …

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Don’t read too much into market losses so far

by Nevil Nickel
Don’t read too much into market losses so far

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images …

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Despite losses, 2024 holds promise for markets

by Merchant Moller
Despite losses, 2024 holds promise for markets

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images …

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Top Wall Street analysts like these stocks into the new year for their growth potential

by Merchant Moller
Top Wall Street analysts like these stocks into the new year for their growth potential

The logo of Uber is seen at a temporary showroom at the Promenade road during the World Economic Forum 2023, in the Alpine resort of Davos, Switzerland, on Jan. 20, …

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Adobe and Figma call off $20 billion merger

by Sipho Sepamla
Adobe and Figma call off  billion merger

Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said …

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DocuSign shares spike on report company is exploring a sale

by Sipho Sepamla
DocuSign shares spike on report company is exploring a sale

The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg …

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‘We think it’s an adjacency’

by Merchant Moller
‘We think it’s an adjacency’

Adobe CEO Shantanu Narayen told CNBC’s Jim Cramer on Wednesday that his company’s proposed acquisition of design software firm Figma would benefit customers, even as regulators are scrutinizing the deal …

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Adobe (ADBE) Q4 earnings report 2023

by Sipho Sepamla
Adobe (ADBE) Q4 earnings report 2023

Shantanu Narayen, CEO, Adobe Linda Dimyan | CNBC Adobe shares dropped more than 6% in extended trading on Wednesday after the software maker posted a lighter-than-expected forecast for 2024. Here’s …

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