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Adobe: Latest News and Analysis

VentureBeat
Adobe brings generative AI and real-time personalization to AWS: Here’s what’s next
Adobe expands Experience Platform to AWS in landmark partnership, revolutionizing enterprise AI and customer data management with advanced personalization capabilities and reduced cloud complexity.
ARPU
Adobe Names Lara Balazs as New Chief Marketing Officer

Adobe has appointed Lara Balazs as its new Chief Marketing Officer (CMO) and Executive Vice President, Global Marketing, reporting directly to CEO Shantanu Narayen, the company announced on Monday. Balazs joins Adobe from Intuit, where she served as CMO and General Manager of the Strategic Partner Group.

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Inc
BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt
Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.
Wall Street Journal
Cyber Monday Gives 'Buy Now, Pay Later' Its Moment
Cyber Monday spending via "buy now, pay later" hit an all-time high in the U.S., according to Adobe Analytics tracking data, just shy of a billion dollars, at $991 million. Overall, Adobe Analytics ...
Reuters
Britons spent $4.6 bln online over Black Friday/Cyber Monday period, says Adobe
British shoppers spent 3.63 billion pounds ($4.6 billion) online over the Black Friday/Cyber Monday (Nov. 29-Dec. 2) period, a 5.2% increase year-on-year, according to data from Adobe Analytics ...
Bloomberg
Black Friday E-Commerce Spend to Reach $10.8 Billion, Adobe Says
US consumers likely spent a record $10.8 billion online on Black Friday, according to data from Adobe Inc. on Saturday.
Reuters
Black Friday data shows US shoppers spent $10.8 bln online
U.S. shoppers used their mobile phones, laptops, desktops and other devices to make roughly $10.8 billion in purchases online on Black Friday, an updated tally from Adobe Analytics showed.
Inc
Helping Nonprofits Thrive: Adobe’s Support for Their Missions
Here’s a look at a few nonprofit organizations that are using Adobe Acrobat and Adobe Express, which is free for all nonprofits, to support both their back-end operations and their creative content ...
VentureBeat
Goodbye cloud, Hello phone: Adobe’s SlimLM brings AI to mobile devices
Adobe's SlimLM, a breakthrough AI system, brings advanced document processing directly to smartphones without the need for cloud computing, offering enhanced privacy and reduced costs for businesses.
The Verge
Microsoft’s top AI customers include Adobe and Meta
The software giant has a running list of what it considers its top 10 customers for Azure OpenAI, and I’m told Adobe and Meta both spent more than $1 million on Microsoft’s AI services in September ...
ARPU
Microsoft Sees Surge in Azure OpenAI Spending from Adobe, Meta

Microsoft's Azure OpenAI service, which provides access to OpenAI's language models, is experiencing significant growth and diversification of its customer base, as reported by The Verge. While TikTok had previously been the dominant customer, Microsoft has successfully expanded its clientele to include major corporations spending over

Reuters
Adobe adds AI tools to its stock photography business
Adobe on Tuesday added software tools that let its customers use artificial intelligence to create images based on its library of stock images, while still paying the original creators of those images ...
Bloomberg
US Online Food Prices Post First Year-on-Year Drop Since Covid
Online grocery prices declined in October from a year earlier, the first such drop since the arrival of Covid more than four years ago.
TechCrunch
Generative AI startup Writer raises $200M at a $1.9B valuation
Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, ...
Reuters
Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked fears that returns from its push...
Bloomberg
Adobe Set for Biggest Gain Since 2020 After AI Sales Success
Adobe Inc. shares posted their biggest gain in more than four years after the company projected strong future sales for its creative products,...