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☆ Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
▼ + stars: | 2024-04-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +1 min

Tesla sent notices canceling some separation agreements, according to two laid-off employees and a notification seen by Business Insider. The cancellations came after some workers received severance offers for two months of pay. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSome laid-off Tesla workers received a notification that their separation agreements had been canceled on Thursday and to expect new ones, two laid-off workers told Business Insider. The workers received a notification about a document titled "Your separation agreement," with "status: canceled," according to one of the emails obtained by BI.

Persons: Tesla, Elon Musk, — Organizations: Business Insider, Service, Business, BI

☆ Adobe releases Acrobat AI assistant starting at $4.99 a month
▼ + stars: | 2024-04-15 | by ( Alex Koller | ) www.cnbc.com time to read: 1 min

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Adobe on Monday released its artificial intelligence assistant, which helps users understand the contents of digital documents. Monthly subscriptions start at $4.99. As part of the release, Adobe is also launching a free mobile version of the tool in beta that can respond to voice commands, and is bringing the service to extensions on Microsoft Edge and Google Chrome. Adobe said subscription pricing for the feature is an "early access" rate and will change in the future.

Persons: Shantanu Narayen Organizations: CNBC, New York Stock Exchange, Adobe, Microsoft Edge, Google

☆ Families of the Columbia crew members keep their memories alive
▼ + stars: | 2024-04-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +12 min

Editor’s Note: The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. After work, the crew members and their families would gather for cookouts and laser tag at one another’s homes. The STS-107 mission crew included five men and two women of diverse backgrounds, religions, interests and hobbies. They were the Columbia crew. Jonathan Clark met his future wife, Mission Specialist Laurel B. Clark, at US Navy diving school in 1989.

Persons: ”, Michael P, Anderson, David M, Brown, Kalpana Chawla, Laurel B, Clark, Rick D, William C, Willie ” McCool, Ilan Ramon, Laura Husband, Rick Husband, “, ” Laura, Rick, Laurel, Rosalind Hobgood, Jonathan Clark, Jonathan, Jonathan said, ” Laurel, Iain Clark, ” Jonathan, “ It’s, ” Jonathan Clark, Iain, Jonathan Clark “, “ God, Evelyn, Matthew, Laura, Evelyn Husband, Faith, ” Evelyn, it’s, Evelyn Husband “, Tal Ramon, Tal Organizations: CNN, Shuttle Columbia, Sunday, Columbia, NASA, Israeli Space Agency, US Navy, Training, Johnson Space Center, Texas Tech University, Dallas Cowboys, ” Locations: Wyoming, Columbia, Texas, Panama City , Florida, Laurel, Houston, Amarillo , Texas

☆ Adobe shares drop 13% on weak quarterly revenue guidance
▼ + stars: | 2024-03-15 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Adobe shares fell 13% on Friday morning after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. Its revenue of $5.18 billion exceeded the $5.14 billion analysts estimated. "No change to our view that Adobe is a major AI beneficiary," the analysts wrote in a Thursday investor note. Barclays dropped its price target for shares of Adobe to $630 from $700 while maintaining an overweight rating for the stock. "A smaller than expected beat in Digital Media Net New ARR likely increases investor concerns around competitive pressures," the analysts wrote.

Persons: Shantanu Narayen, Morgan Stanley Organizations: CNBC, New York Stock Exchange, Adobe, Bank of America, Barclays, Creative, Digital Media Locations: New York City

☆ Adobe shares slip 10% on soft sales forecast
▼ + stars: | 2024-03-14 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. During the quarter, Adobe abandoned its $20 billion acquisition of design software startup Figma after U.K. regulators found competitive concerns. Adobe will work with OpenAI around Sora, David Wadhwani, president of Adobe's digital media business, said on the earnings call. Adobe sees fiscal second-quarter earnings of $4.35 to $4.40 per share on an adjusted basis, with $5.25 billion to $5.30 billion in revenue. Leaving out the after-hours movement, Adobe shares have fallen 4% so far this year, while the S&P 500 index has gained 8% over the same time period.

Persons: Shantanu Narayen, OpenAI, Sora, David Wadhwani, LSEG, Wadhwani Organizations: CNBC, New York Stock Exchange, Adobe, LSEG, Firefly Services Locations: Sora

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Microsoft, Oracle, Arm, Rivian, Lyft & more
▼ + stars: | 2024-03-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Goldman Sachs reiterates Tesla and Rivian as neutral Goldman said further price cuts are needed for Tesla and Rivian. Morgan Stanley downgrades Sunnova to equal weight from overweight Morgan Stanley said in its downgrade of the solar company that it sees stock "dislocation." JPMorgan upgrades Sea Limited to overweight from neutral JPMorgan said the Singapore-based internet tech conglomerate is on an "upswing." JPMorgan initiates Amphastar as overweight JPMorgan said it's bullish on shares of the pharmaceutical company. JPMorgan initiates Metagenomi as overweight JPMorgan said it's bullish on shares of the biotech company.

Persons: Goldman Sachs, Tesla, Goldman, TD Cowen, Arm's, Ian Thornton, Morgan Stanley downgrades Sunnova, Morgan Stanley, Baird, DA Davidson, it's, Jefferies, BJ's, it's bullish, Oppenheimer, Wolfe, Rosenblatt, Moffett, Philip Morris, Guggenheim Organizations: Tesla, Nvidia, NVIDIA, Microsoft, JPMorgan, Jefferies, UBS, disinflation, Barclays, Oracle, Citi, Novo Nordisk, CMD, Costco, Adobe, Williams, Apple, Cable, . Cable, Argus, Guggenheim, Lyft Locations: Singapore, China, Sonoma

☆ Bill May: Excluded from the Olympics for his whole career, artistic swimmer set for ‘beautiful’ debut at this year’s Games
▼ + stars: | 2024-02-27 | by ( Amanda Davies | George Ramsay | ) edition.cnn.com time to read: +6 min

Precisely 20 years ago, with men still banned from artistic swimming, May watched from the side of the pool as the US team won bronze in Athens. Bill May is set to compete at his first Olympics later this year at the age of 45. But like in classic dance, also in artistic swimming, there are men.”When artistic swimming was first added to the Olympics in 1984, only women were allowed to compete. The New York native has been involved in artistic swimming since the age of 10, when, after persuasion from his mom, he ended up joining his sister’s classes. In his mind, artistic swimming is one of, if not the most physically demanding sport on the Olympic program.

Persons: Bill May, It’s, “, Nick Didlick, Christina Jones, I’ve, ”, Nicolò Ogliari, it’s, Quinn Rooney, Giorgio Minisini, “ There’s Organizations: CNN, CNN Sport, US, Aquatics, Paris, Olympic, Games Locations: Paris, Athens, United States, Italian, Doha, Qatar, New York, California

Learn moreAdobe's Creative Cloud All Apps plan gives you access to over 20 popular Adobe apps for one monthly payment. The apps in the Creative Cloud include Photoshop, After Effects, and Acrobat Pro, as well as Dreamweaver, Illustrator, and InDesign. So, it actually works out cheaper to subscribe to the Creative Cloud All Apps plan if you want access to more than one Adobe app. As part of the All Apps plan, you'll get access to tutorials that will teach you how to make the most out of the tools. The All Apps plan also includes 20,000+ fonts and over one million free photos, drawings, and video clips to help you create your own unique look for your brand.

Persons: There's Organizations: Business, Acrobat, Creative, Adobe

☆ Adobe launches AI assistant that can search and summarize PDFs
▼ + stars: | 2024-02-20 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Adobe on Tuesday launched an artificial intelligence assistant in its Reader and Acrobat applications that can produce summaries of and answer questions about PDFs and other documents. The AI assistant, currently in beta, is now available on Acrobat, "with features coming to Reader over the coming days and weeks," according to a news release. The AI assistant will help users digest information from long PDF documents by generating brief overviews of their contents, the company said. Adobe's AI assistant is a built-in feature. You want to understand the summary, you want to have a conversation with it, you want to ask questions," Narayen said.

Persons: David Wadhwani, Adobe, Shantanu Narayen, you've, Narayen Organizations: Adobe, Adobe Creative, CNBC PRO Locations: San Francisco

NEW YORK (AP) — It's the end of the road for Kiss. Many Kiss fans said they are not interested in paying to see virtual recreations of the band, including syndicated rock host Eddie Trunk. Political Cartoons View All 1277 Images“I have very little interest in seeing an avatar concert of Kiss, or anyone for that matter,” he said. It in no way is a replacement for the live concert experience. That was a reference to the absence of former Kiss band members from the final shows, despite Stanley's repeated statements that he'd be open to former members appearing in some capacity.

Persons: —, it's, Kiss, Gene Simmons, “, Eddie Trunk, ”, franken, Gary Stevens, Paul Stanley, Peter, Ace, Bruce, Stanley's, Ace Frehley, Peter Criss, Alice Cooper's, Simmons, Gibson Les Paul, Tommy Thayer, Stanley, Criss, Eric Singer, Thayer, ” Stanley, Elvis Presley, We're, ” Dee Snider, Wayne Parry Organizations: Kiss, New York City, Madison, Facebook, Detroit, Detroit Rock City Locations: New, —, New Jersey, Detroit Rock, ”, New York City, Madison, Queens, America, www.twitter.com

☆ Buenos Aires Cirque du Soleil show honors 'superhero' Messi
▼ + stars: | 2023-10-06 | by ( Lucila Sigal | ) www.reuters.com time to read: +1 min

[1/5] An acrobat trains during a rehearsal before the premiere of the Cirque du Soleil's show inspired by Argentine soccer star Lionel Messi "Messi10", in Buenos Aires, Argentina September 29, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 6 (Reuters) - Mimicking soccer moves and with a musical backdrop overlaid with enthusiastic TV commentary, Cirque du Soleil launched a show in Buenos Aires this week that celebrates beloved Argentine football star Lionel Messi. The Argentine team shirt with the Messi 10 on the back is like Superman's cape," said producer Diego Saenz at a rehearsal of the show, which features artists and acrobats from 15 countries. The show is set to tour across Latin America next year, likely ending in Miami. Reporting by Lucila Sigal, Writing by Rosalba O'Brien, Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Mariana Nedelcu, Diego Saenz, Lucila Sigal, Rosalba O'Brien, Sandra Maler Organizations: REUTERS, du Soleil, Argentine, Messi, Thomson Locations: Argentine, Buenos Aires, Argentina, BUENOS AIRES, Qatar, Canadian, America, Miami

☆ Stocks making the biggest moves premarket: Arm Holdings, GM, Ford, Adobe and more
▼ + stars: | 2023-09-15 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Apellis Pharmaceuticals — The biopharmaceutical company climbed 3.5% before the open after Wells Fargo upgraded to overweight from equal weight. General Motors , Ford , Stellantis — GM and Ford fell less than 1% and Stellantis rose less than 1% after the United Auto Workers went on strike Thursday night. DoorDash — Shares of the food delivery company slid almost 3% premarket after MoffettNathanson downgraded DoorDash to market perform from outperform. Adobe — Shares fell 3.4% on the back of the company's fiscal third-quarter earnings report Thursday.

Persons: —, Piper Sandler, Piper, Morgan Stanley, Wells, Apellis, Stellantis, MoffettNathanson, Needham, Goldman Sachs, — CNBC's Brian Evans, Michelle Fox, Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound, Pia Singh Organizations: Motors, General Motors, United Auto Workers national, Pharmaceuticals, Ford, United Auto Workers, Unity, Bank of America, Arm, Nasdaq, JPMorgan, LSEG Locations: Bowling Green , Kentucky, — The Cleveland, DoorDash, British

☆ Adobe co-founder Jon Warnock is dead at 82
▼ + stars: | 2023-08-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —John Warnock, co-founder of Adobe, has died aged 82, the software company announced on Sunday. Warnock helped start the revolutionary company in 1982 with the late Charles Geschke, and transformed Adobe into a software powerhouse that became the backbone of the internet. “John’s brilliance and technology innovations changed the world,” Adobe CEO Shantanu Narayen said in a letter sent to employees. “I had an amazing teacher in high school who, essentially, completely turned me around,” Warnock said. “He was really good at getting you to love mathematics, and that’s when I got into it.”A cause of death wasn’t revealed.

Persons: New York CNN — John Warnock, Warnock, Charles Geschke, ”, Shantanu Narayen, ” Warnock, Geschke, ” Narayen, Warnock’s, Barack Obama, “, wasn’t Organizations: New, New York CNN, Adobe, of Technology, Innovation, Marconi, University of Utah Locations: New York, Salt Lake City

☆ Adobe tops quarterly results and forecast estimates driven by AI
▼ + stars: | 2023-06-15 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

June 15 (Reuters) - Adobe Inc (ADBE.O) surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker's efforts to drive up demand with generative artificial intelligence (AI) integrations paid off. Adobe's spree to boost AI innovation has been evident by AI features being introduced into Acrobat, Express, Photoshop and Premiere Pro. Analysts see generative AI as both a near- and long-term benefit to both the creative and experience businesses, which could be a catalyst to 2024 revenue growth. Focus continues to remain on the impact of generative AI and the pending close of the Figma deal. Adobe has been waiting to finalize its $20 billion buyout deal for the cloud-based designer platform, with management expecting an initial ruling this month.

Persons: integrations, Dan Durn, Samrhitha, Pooja Desai Organizations: Adobe Inc, Acrobat, Adobe, Users, Reuters, Analysts, Zoom Video Communications, Airbnb Inc, Revenue, Thomson Locations: San Jose , California, Bengaluru

☆ As the DOJ digs in, Adobe's top lawyer tells employees to be careful talking about the $20 billion Figma acquisition, and asks them not to delete anything related to the deal
▼ + stars: | 2023-06-12 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

Adobe's Dana Rao told employees to be careful when discussing the proposed Figma acquisition. Adobe's top lawyer told employees in an internal email to be extra careful when talking about the company's $20 billion proposed Figma acquisition, as antitrust scrutiny of the deal intensifies. In the his Adobe email, Rao said it's normal for a deal of Figma's size to go through lengthy regulatory reviews. During a March earnings call with analysts, Adobe's CEO Shantanu Narayen shared a similar end-of-year closing date for the Figma deal. In his email this month, Rao added 3 reasons why the company thinks Figma would be a good acquisition for Adobe.

Persons: Adobe's Dana Rao, Dana Rao, Department's, Rao, Shantanu Narayen, Narayen, Adobe's, Andrew Savage, Savage, Slack, Figma, Dana, Eugene Kim Organizations: Adobe, DOJ, European, SEC, CNBC, Federal Trade Commission, Activision Blizzard, Adobe Express, Department of Justice, Markets Authority, General, Competition Locations: ideation, Europe

☆ Chinese trapeze artist falls to her death during performance with husband
▼ + stars: | 2023-04-18 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

CNN —A Chinese acrobat has fallen to her death during an aerial silks performance, sparking horror and outcry on social media over the lack of safety measures. She was taken to hospital but died of her injuries, the Tongqiao district government said in a statement Monday. How come there are no safety measures?”The acrobat couple are seen performing another set of aerial silks routine before the accident. The show was hosted by a local farm business owner, who contracted the Anhui Yaxi Performing Arts Media Company to run the performance, the statement said. The report added that the female acrobat had been married to her husband for more than a decade and left behind two children.

☆ I swapped performing in a circus for an office job. I've now got more stability and money — but I can't do a handstand when I'm stressed out
▼ + stars: | 2023-04-02 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +5 min

I joined a circus school in France in 2015 and worked as a circus performer for a year. After failing to become an Olympic gymnast, I enrolled in L'École du Cirque Jules Verne, a circus school in Amiens in northern France. I trained there for a year while performing on the street and in venues including a castle and a traditional circus tent. A desk job gave my working days more structureCirque Jules Verne in Amiens, France. Wikimedia CommonsThe circus school director, Nordine Allal, was quite the character — always loud and busy.

☆ Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
▼ + stars: | 2023-03-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Adobe shares rose 5% in extended trading on Wednesday after software maker announced fiscal first-quarter results that topped Wall Street estimates and lifted its full-year foercast. Here's how the company did:Earnings: $3.80 per share, adjusted, vs. $3.68 per share as expected by analysts, according to Refinitiv. $3.80 per share, adjusted, vs. $3.68 per share as expected by analysts, according to Refinitiv. For the second quarter, Adobe expects earnings per share of $3.75 to $3.80 on an adjusted basis and $4.75 billion to $4.78 billion in revenue. Analysts surveyed by Refinitiv had been expecting $3.76 per share in adjusted earnings and $4.76 billion in revenue.

☆ Prosecutors want Sam Bankman-Fried to use a flip phone as part of a more restrictive bail package
▼ + stars: | 2023-03-04 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

CNN —The use of a flip phone, or some non-smartphone, is one of several restrictions that prosecutors and Sam Bankman-Fried’s attorneys are jointly asking the judge to approve. Bankman-Fried also would be restricted from scrolling the internet, with his access limited to court-approved websites. The lawyers proposed several sites to help prepare his defense, including YouTube, read-only websites showing crypto prices, and research websites. Bankman-Fried also asked to view others for his personal use, including news sites, Netflix, Spotify, Uber Eats, Amazon and baseball and football sites. The judge previously raised concerns about Bankman-Fried’s access to his parents’ computers, cell phones and internet.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

☆ 10 Amex Business Platinum card benefits you'll want to activate right away, so you can enjoy hotel elite status, statement credits, and more
▼ + stars: | 2022-11-29 | by ( Caroline Lupini | Joseph Hostetler | Freelance Reporter | ) www.businessinsider.com time to read: +16 min

Thomas Pallini/InsiderThe Business Platinum Card® from American Express offers luxury benefits and rewards. The Business Platinum Card® from American Express is packed full of benefits that are perfect for small business owners — including freelancers and remote workers. Here are 10 things you should do when you first get The Business Platinum Card® from American Express. More travel benefits than you'll find on any other business credit card Check mark icon A check mark. But by paying with The Business Platinum Card® from American Express, you'll get a statement credit of up to $189 back**.

With the right Amex cards, you can get complimentary access to Delta Sky Club airport lounges, like this one in Minneapolis. Thomas Pallini/InsiderIf you want access to Delta Sky Club lounges, certain Delta credit cards can get you in for free. Delta Sky Club credit card accessIf you have the Delta SkyMiles® Reserve American Express Card or Delta SkyMiles® Reserve Business American Express Card, you can access Delta Sky Clubs if you're traveling on a Delta flight that same day. Access to Delta Sky Clubs and American Express Centurion Lounges when you're flying Delta Check mark icon A check mark. Access to Delta Sky Club and American Express Centurion Lounges when you're flying Delta Check mark icon A check mark.

☆ How creative storytelling tools can help global nonprofits make a difference
▼ + stars: | 2022-10-18 | by ( Sponsor Post | Created Adobe With Insider Studios | ) www.businessinsider.com time to read: +5 min

Beyond organizations, Adobe tools also help individuals create Pride campaigns, share Hispanic Heritage Month stories, and amplify other important social causes. Today, the company is proud to further its mission with Adobe Express for Nonprofits. "Having a user-friendly tool to quickly create professional-looking, on-brand designs is a game changer for us. Adobe Express for Nonprofits also includes tutorials – some specifically created for and by nonprofits – so even first-timers can quickly achieve great results. Adobe Express for Nonprofits also leverages features from Adobe Acrobat, including converting and exporting PDFs, used in everything from forms and contracts to flyers and posters.

☆ DocuSign names former Google executive Allan Thygesen as new CEO
▼ + stars: | 2022-09-22 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

DocuSign shares rose more than 3% in extended trading after the electronic signature software maker announced it has hired an Alphabet executive, Allan Thygesen, to be its next CEO. The announcement comes three month after DocuSign said its CEO for the past five years, Dan Springer, was stepping down. On Oct. 10 Thygesen will replace DocuSign's chair and interim CEO, Maggie Wilderotter, and join the company's board. Thygesen has spent nearly 12 years at Alphabet subsidiary Google, where he was most recently president of Americas and global partners. Thygesen will receive restricted stock units in addition to his other compensation if the company can hit certain stock targets, according to a regulatory filing.

☆ Adobe, Figma Deal Signals New Era in Collaboration, Productivity
▼ + stars: | 2022-09-15 | by ( Steven Rosenbush | Isabelle Bousquette | ) www.wsj.com time to read: +7 min

The purchase of Figma, whose tools are used by designers and developers, is Adobe’s largest-ever acquisition and extends its reach into new areas. The rising popularity of social networks helped fuel interest in an earlier wave of collaboration technology companies, including Jive Software and workplace chat company Yammer, later acquired by Microsoft Corp. in 2012 for $1.2 billion. Startups that employ concepts of collaboration, including digital work-space company Notion, document company Coda and app platform Airtable, took off among software, design and product teams. Adobe is best-known by consumers for software programs—including Adobe Photoshop, Adobe Illustrator and Adobe Acrobat—used for graphic design, video editing and more. The fact that Adobe was willing to pay so much for Figma reflects that belief that its software was fundamentally different, according to Mr. Saper.

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