Adobe settles with the U.S. government over subscription practices, paying $75M and offering $75M in free services.
The maker of Photoshop agreed to pay $75 million to the government, which had accused it of hiding details of expensive fees.
Adobe will provide $75 million in free services and pay a $75 million penalty to settle allegations that its subscriptions were too difficult to cancel.
By Zaheer Kachwala March 12 (Reuters) - Adobe's longtime CEO Shantanu Narayen will leave his role once a successor is ...
Adobe reached a $150 million settlement to resolve a U.S. government lawsuit accusing the Photoshop and Acrobat maker of ...
Adobe's long-time CEO will step down as soon as he finds a replacement, but the company desperately needs a strong direction ...
Shantanu Narayen led Adobe through a transition to subscription software, and he's been positioning the company to grow in the artificial intelligence age.
Adobe's shares plunged 9% in premarket trading on Friday after the Photoshop maker said CEO Shantanu Narayen would step down ...