Tag: adobe
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US online spending hits $8.3 billion as Amazon Prime Day kicks off, Adobe says
June 24 : Online spending among shoppers on the first day of Amazon’s Prime Day rose 5.3 per cent from a year earlier to $8.3 billion across U.S. retailers, Adobe Analytics said on Wednesday. The four-day shopping event, which started on Tuesday and is being held earlier than usual this year, will be a litmus
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Adobe CFO exit fans strategy worries despite outlook raise
June 11 : Adobe on Thursday announced the exit of CFO Dan Durn, adding to concerns about the Photoshop maker’s strategy to navigate the crowded design industry, though the company raised its annual revenue and profit forecasts.Durn’s exit comes only three months after long-time CEO Shantanu Narayen decided to
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Adobe raises annual forecasts, CFO exit fans uncertainty over growth strategy
June 11 : Adobe raised its annual revenue and profit forecasts on Thursday, but the sudden exit of CFO Dan Durn added to concerns about the company’s strategy to navigate the crowded design industry.Shares of the Photoshop maker fell 5 per cent in extended trading.Steve Day, senior vice president of co
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Adobe raises annual revenue forecast, CFO to exit
June 11 : Adobe raised its annual revenue forecast on Thursday, signaling increased adoption of its AI tools, and announced the departure of CFO Dan Durn, only three months after the Photoshop maker’s CEO said he would step down. Shares of the company fell around 6 per cent in extended trading. The com
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