Adobe on Monday shelved its $20-billion cash-and-stock deal for cloud-based designer platform Figma.
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Regulators are probing Adobe’s cancellation rules for software subscriptions, long a bugbear of customers.
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Adobe is rolling out big updates to its Creative Cloud suite of applications.
Photoshop maker Adobe’s co-founder, John Warnock, died on Saturday aged 82, the company said in a statement.
SaaS, or software-as-a-service, subscriptions have been increasing in price at rates above inflation for years.
Adobe’s $20-billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust probe, sources said.
European antitrust regulators are preparing to launch a formal investigation into the deal, the FT said.
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A new test version of Photoshop incorporates generative AI tools – and the results are, for the most part, incredible.