March 13, 2026

March 13 (Reuters) – Adobe’s battered shares fell another 6% on Friday as news that the Photoshop maker’s long-time CEO would step down cast fresh doubts over its strategy to battle mounting AI competition. Shantanu Narayen is credited ‌with crafting the modern Adobe (ADBE.O), opens new tab by turning its creative tools into a subscription service with more […]

March 13 (Reuters) – Adobe (ADBE.O), opens new tab said on Friday it ‌will pay $75 million to resolve a U.S. government lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees and making it difficult to cancel subscriptions. The San Jose, California-based company said it will also provide $75 million of free