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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:06 EDTADBEAdobe management to meet with UBS
Meeting to be held Brussels, Belgium on May 20 hosted by UBS.
News For ADBE From The Last 14 Days
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July 20, 2015
09:02 EDTADBEAdobe names Abhay Parasnis as CTO, senior VP of Platform Technology & Services
Adobe named Abhay Parasnis as chief technology officer and senior vice president of platform technology and services. Parasnis will drive Adobe’s technology strategy, architecture and innovation roadmap for its cloud services, focusing on integration of its three cloud services; providing a consistent customer experience via the cloud; and enabling the company’s cloud-based go-to-market strategies. Parasnis brings nearly 20 years of experience in the software industry. Most recently, he was president and chief operating officer of venture-funded enterprise mobility leader Kony.
July 15, 2015
09:18 EDTADBEAdobe's Flash disabled by Google due to security worries, WSJ says
Just days after Facebook's (FB) top security executive called on Adobe (ADBE) to discontinue its Flash animation player, Google’s (GOOG) Chrome and Mozilla’s Firefox browsers blocked old versions of the software on Tuesday after reports that hackers were using a security flaw to infiltrate computers, reported The Wall Street Journal's "Digits" blog. Firefox and Chrome will allow Flash to run again if it is updated with the patch Adobe released Tuesday morning, the report noted. Reference Link
08:27 EDTADBEAdobe says Google display ad strategy underperforms Facebook in Q2
In its "Digital Advertising & Social Intelligence Report" for Q2, Adobe (ADBE) wrote that Facebook's (FB) display ad changes doubled its click-through-rates, or CTRs, year-over-year in the quarter, while Google's (GOOG) display targeting changes reduced its number of ads seen by 22% compared to the prior year and its CTRs were up "only" 24% compared to the same period of last year. The report also contends that the "Mobilegeddon" fears regarding Google's changes to favor mobile friendly sites came true, noting that sites with low mobile engagement saw up to a 10% decrease in organic traffic after the changes were made by the search giant. Reference Link

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