News & Events:ADBE

Adobe today announced the completion of its acquisition of Frame.io, a leading cloud-based video collaboration platform. The skyrocketing demand for video means video teams must create an ever-increasing volume of content in close collaboration with dispersed stakeholders.

Autodesk Inc (ADSK) on Tuesday laid out a five-year plan at its annual user conference to put all of its software products on a single set of technologies to better integrate its offerings with one another. The cloud software firm got its start in the 1980s making programs used by architects and engineers for computer-assisted design tasks.

Adobe Inc (ADBE): * Adobe Inc (ADBE) - IN HIS NEW ROLE, DAN DURN WILL RECEIVE A BASE SALARY OF $850,000 PER YEAR Further company coverage:

Applied Materials Inc (AMAT) said on Friday Dan Durn, its finance head of four years, was leaving the semiconductor firm this month to take on the role of chief financial officer at software company Adobe Inc. Bob Halliday, Durn's predecessor, will return to the role of finance chief on an interim basis, Applied Materials (AMAT) said.

Applied Materials Inc (AMAT) said on Friday its finance head Dan Durn was leaving the semiconductor firm this month to take on the role of chief financial officer at Adobe Inc.

Applied Materials Inc (AMAT): * APPLIED MATERIALS ANNOUNCES EXECUTIVE CHANGE. * Applied Materials Inc (AMAT) - DAN DURN, SENIOR VICE PRESIDENT AND CFO, IS DEPARTING COMPANY ON OCT. 15 TO BECOME CFO AT ADOBE INC. (ADBE) * Applied Materials Inc (AMAT) - FORMER APPLIED MATERIALS CFO BOB HALLIDAY HAS BEEN APPOINTED INTERIM CFO AND IS SERVING IN ROLE UNTIL A SUCCESSOR IS IN PLACE.

Adobe Inc (ADBE): * ADOBE APPOINTS DAN DURN CHIEF FINANCIAL OFFICER Source text for Eikon: Further company coverage:

Adobe today announced the appointment of Dan Durn as executive vice president and chief financial officer, effective October 18, 2021. Durn joins Adobe from Applied Materials, where he has been CFO since 2017. Durn received his M.B.A. in Finance from Columbia Business School and graduated from the U.S. Naval Academy with a B.S. in Control Systems Engineering.

U.S. Vice President Kamala Harris met India's Prime Minister Narendra Modi on Thursday and stressed the importance of a free and open Indo-Pacific region at a time when the United States is trying to solidify its pivot toward Asia and strengthen ties with allies to take on China's growing influence in the region.

U.S. Vice President Kamala Harris met India's Prime Minister Narendra Modi on Thursday and stressed the importance of a free and open Indo-Pacific region at a time when the United States is trying to solidify its pivot toward Asia and strengthen ties with allies to take on China's growing influence in the region.

Indian Prime Minister Narendra Modi, who is due to holds talks with U.S. Vice President Kamala Harris on Thursday, will also meet chief executives of several U.S. companies, including Qualcomm (QCOM) and Blackstone, two sources said.

Adobe Inc (ADBE): * ADOBE REPORTS RECORD REVENUE. * Q3 REVENUE $3.94 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.89 BILLION. * Q3 NON-GAAP EARNINGS PER SHARE $3.11. * Q3 GAAP EARNINGS PER SHARE $2.52. * Q3 EARNINGS PER SHARE ESTIMATE $3.01 -- REFINITIV IBES DATA. * SEES Q4 TOTAL REVENUE ABOUT $4.07 BILLION.

Remaining Performance Obligations exiting the quarter were $12.6 billion, up 22 percent year over year Adobe today reported financial results for its third quarter fiscal year 2021 ended Sept. 3, 2021. Third Quarter Fiscal Year 2021 Financial Highlights A reconciliation between GAAP and non-GAAP results is provided at the end of this press release and on Adobe’s website.

Oracle Corp (ORCL) announced on Monday a new system that it says will use artificial intelligence to automate key parts of digital marketing campaigns. Once primarily known for its database software, Oracle is competing against firms like Adobe Inc (ADBE) and Salesforce.com Inc (CRM) to sell cloud-based software used for marketing business-to-business products that typically cost thousands of dollars or more.

Lennar (LEN) reports third-quarter fiscal-2021 results. Merck (MRK) presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology's 2021 Congress. The National Association of Home Builders releases its Housing Market Index for September.

Adobe Inc (ADBE): * ADOBE ANNOUNCES PAYMENT SERVICES FOR ADOBE COMMERCE Source text for Eikon: Further company coverage:

Adobe today announced the upcoming availability of Payment Services for Adobe Commerce, the industry’s leading end-to-end commerce application for B2B, D2C and hybrid use cases.

Adobe Inc (ADBE) on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying, deepening a rivalry with e-commerce firm Shopify Inc. Adobe started providing software to help retailers run their online stores in 2018 when it purchased Magento Commerce from private equity firm Permira for $1.68 billion.

Adobe today announced it will webcast its third quarter fiscal year 2021 earnings conference call to be held on Tuesday, Sept. 21, 2021. The live webcast will last for approximately one hour. Adobe uses its website as a channel of distribution of material company information. About Adobe Adobe is changing the world through digital experiences. © 2021 Adobe.

In September last year, Google's cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client's idea after weeks of internal discussions, deeming the project too ethically dicey because the AI technology could perpetuate biases like those around race and gender.