The Latest Breaking News from David Wadhwani

A Pause on Advanced AI Is Wishful Thinking, But Adobe Stock Is a Buy Anyway

Several tech and political leaders have called for a pause on the development of advanced AI. While that is wishful thinking at best, "AI loser" Adobe is a "Buy" anyway.

Barchart · Sep 19

From IIT Varanasi to Silicon Valley peak: Who is Adobe's newly appointed CEO Anil Chakravarthy?

Adobe has appointed Anil Chakravarthy as its new CEO, succeeding Shantanu Narayen, who will become executive chair after more than 18 years at the helm. Chakravarthy will take over on December 1.

The Economic Times · Sep 4

David Wadhwani, Anil Chakravarthy or...? Adobe Looks within & outside for CEO in AI era

As part of the search, Microsoft Executive VP Charles Lamanna held discussions with Adobe about the role, but ultimately opted against continuing with the process, according to another person familiar with the process. Lamanna oversees a swath of product development at Microsoft, including efforts to weave AI into business applications.

The Economic Times · Jun 4

The US government is suing Adobe over hidden contract changes and fees trapping customers

Pushed by the FTC, the DOJ has filed a legal complaint against Adobe surrounding its software subscriptions.

TechRadar · Jun 18, 2024

Adobe Express now has simple AI generation via text prompts

Adobe has announced that its generative AI software is getting integrated into Adobe Express, making it even easier to create any project you can think of.

Windows Central · Jun 8, 2023

Adobe Summit 2023 live: all the news and announcements from Day One

We're covering all the news and updates from Adobe Summit 2023

TechRadar · Jun 8, 2023

Adobe Is Trying to Spend $20 Billion to Buy Back Its Swagger

The company sees buying Figma as a way to overhaul its business, but critics see echoes of Facebook’s alleged practice of buying up its competition. Regulators could still block it. 

Businessweek · Nov 7, 2022