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Top related persons:
Shantanu Narayen - 5 Jim Cramer - 2 Narayen - 2 John Warnock - 1 Larry Downing - 1 Warnock - 1 Charles Geschke - 1 Nilutpal - 1
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Adobe - 5 Adobe Express - 2 Adobe Systems - 1 Inc - 1 U.S . Senate - 1 Capitol - 1 REUTERS - 1 Thomson - 1

Search resuls for: "Narayen"


20 mentions found


☆ Adobe co-founder John Warnock dies at 82
  + stars: | 2023-08-20 | by ( ) www.reuters.com   time to read: 1 min
CEO and Chairman of Adobe Systems, Inc. Dr. John Warnock testifies before the U.S. Senate Joint Economics Committee hearing on Capitol Hill, June 6, 2000. REUTERS/Larry Downing/File Photo Acquire Licensing RightsAug 20 (Reuters) - Photoshop maker Adobe's (ADBE.O) co-founder John Warnock died on Saturday aged 82, the company said in a statement early on Sunday. "It is a sad day for the Adobe community and the industry for which he has been an inspiration for decades," Adobe CEO Shantanu Narayen said in an email sent to employees. Warnock co-founded Adobe in 1982 with Charles Geschke. He retired as CEO in 2000 and was chairman of the board, a position he shared with Geschke, until 2017.
Persons: John Warnock, Larry Downing, Shantanu Narayen, Warnock, Charles Geschke, Nilutpal, David Goodman Organizations: Adobe Systems, Inc, U.S . Senate, Capitol, REUTERS, Adobe, Thomson Locations: Bengaluru
☆ Adobe CEO Shantanu Narayen sits down with Jim Cramer after Q2 earnings beat
  + stars: | 2023-06-15 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Adobe CEO Shantanu Narayen sits down with Jim Cramer after Q2 earnings beatAdobe CEO Shantanu Narayen joins 'Mad Money' host Jim Cramer to dive into the company's Q2 earnings beat, the implementation of A.I. in Adobe products, and more.
Persons: Shantanu Narayen, Jim Cramer Organizations: Adobe
☆ Adobe CEO Shantanu Narayen says A.I. is 'going to make people so much more productive'
  + stars: | 2023-06-15 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe CEO Shantanu Narayen says A.I. is 'going to make people so much more productive'Adobe CEO Shantanu Narayen joins 'Mad Money' host Jim Cramer to dive into the company's Q2 earnings beat, the implementation of A.I. in Adobe products, and more.
Persons: Shantanu Narayen, Jim Cramer Organizations: Adobe
☆ Adobe CEO says AI will won't replace human ingenuity, it'll augment it
  + stars: | 2023-06-15 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Adobe CEO Shantanu Narayen told CNBC's Jim Cramer that generative artificial intelligence will augment humans' ingenuity, not replace it. Adobe's Firefly software makes heavy use of generative AI, which users can employ in the company's popular suite of programs like Photoshop and Illustrator. Narayen said the software will increase productivity and give smaller businesses the chance to more easily develop their ideas. Narayen added that Firefly is integrated with the company's free software, Adobe Express. The company is fresh off a successful quarter, reporting $4.82 billion in revenue, exceeding estimates of $4.77 billion.
Persons: Shantanu Narayen, CNBC's Jim Cramer, Narayen, I've Organizations: Adobe Express, Adobe
☆ 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
☆ Adobe CEO Shantanu Narayen on generative A.I. partnership with Google's Bard
  + stars: | 2023-05-15 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe CEO Shantanu Narayen on generative A.I. partnership with Google's BardAdobe CEO Shantanu Narayen joins 'Squawk on the Street' to discuss the company's generative A.I. strategy, including its new partnership with Google's Bard.
☆ Adobe CEO on A.I. push, regional bank fallout and market outlook
  + stars: | 2023-03-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe CEO on A.I. push, regional bank fallout and market outlookShantanu Narayen, Adobe CEO, joins 'Closing Bell: Overtime' to discuss the push for AI, regional bank fallout and his outlook for the markets
☆ Will Adobe's magnificent quarter be missed by investors focused on banks?
  + stars: | 2023-03-15 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWill Adobe's magnificent quarter be missed by investors focused on banks? Mad Money host Jim Cramer talks to Adobe CEO Santanu Narayen about his company's blowout earnings and what comes next for the company.
☆ 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.
☆ Adobe’s lose-lose Figma bind
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, Feb 24 (Reuters Breakingviews) - Adobe’s (ADBE.O) $20 billion Figma deal is too expensive, and yet boss Shantanu Narayen is punished for losing it. Adobe’s shares tumbled over 7% on Friday after Bloomberg reported the previous night that U.S. antitrust enforcers might block it. That conflicts with the initial reaction to the cash-and-stock deal, when shares crashed 16% on announcement in September. Startups like Figma and peer Canva leapfrogged Adobe in tools allowing multiple users to work on a document simultaneously. That’s why losing Figma also hurts: The deal is an expensive bridge to a new future.
☆ Adobe’s CEO Sizes Up the State of Tech Now
  + stars: | 2023-01-09 | by ( Chip Cutter | Photographs Carolyn Fong For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
For all the turmoil in the technology industry in 2022, Adobe Inc. Chief Executive Shantanu Narayen says the questions he and other executives keep asking these days are relatively timeless. “Are you looking around the corner adequately?” the 59-year-old asks. “How do you—in addition to ensuring that you have the right strategy—execute against it?”
☆ Leaders who want longevity in their role need to love what they do and 'have other passions,' Adobe CEO says
  + stars: | 2023-01-09 | by ( Britney Nguyen | ) www.businessinsider.com   time to read: +3 min
Adobe CEO Shantanu Narayen told the WSJ that leaders who don't love what they do can't do their jobs. Narayen has been Adobe's CEO for 15 years, a longer tenure than that of most tech leaders. Narayen, who has been Adobe CEO since 2007, gave his advice to other leaders looking for long tenures. He added that he has "no idea" what he would do if he wasn't Adobe CEO. "I'm probably not as out there as other CEOs," Narayen told Insider.
☆ Adobe's revenue up 10% year-over-year on the back of subscription gains
  + stars: | 2022-12-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe's revenue up 10% year-over-year on the back of subscription gainsAdobe CEO Shantanu Narayen joins 'TechCheck' to remark on the success of Adobe's subscription model, the ability for Adobe's revenue to be profitable despite currency headwinds and the opportunities for Adobe to make gains going forward.
☆ Adobe stock climbs on a more profitable quarter than predicted
  + stars: | 2022-12-15 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Here's how the company did:Earnings: $3.60 per share, adjusted, vs. $3.50 per share as expected by analysts, according to Refinitiv. $3.60 per share, adjusted, vs. $3.50 per share as expected by analysts, according to Refinitiv. Revenue: $4.53 billion, vs. $4.53 billion as expected by analysts, according to Refinitiv. In the previous quarter revenue rose by 13%. In the quarter Adobe said it would buy design software startup Figma for about $20 billion in the 40-year-old public company's largest transaction to date.
☆ After leading $20 billion Figma deal, Adobe's David Wadhwani is in prime spot to be next CEO
  + stars: | 2022-10-31 | by ( Jordan Novet | ) www.cnbc.com   time to read: +15 min
The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. The make-or-break betIn his 15-year tenure as CEO, Narayen hasn't been shy about dealmaking, just at a smaller size. And it might be Wadhwani's make-or-break opportunity to prove he should be CEO of the fourth-biggest U.S. business software company by market cap. Shantanu Narayen, CEO, Adobe Mark Neuling | CNBCThe revenue became more predictable and less closely associated with product releases.
☆ Adobe CEO Shantanu Narayen: We're looking to build this company for the long run
  + stars: | 2022-10-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe CEO Shantanu Narayen: We're looking to build this company for the long runAdobe CEO Shantanu Narayen joins 'TechCheck' for an exclusive CNBC interview to discuss long-term investment opportunities in the current macroeconomic environment, Adobe's Figma acquisition and the company's mission to accelerate collaboration technology.
☆ Adobe stock jumps on estimates for next year as strong dollar cuts into growth
  + stars: | 2022-10-18 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company's annual two-day event for customers and suppliers, ends Friday. The forecast excludes impact from its planned $20 billion acquisition of design software startup Figma, which is expected to close in 2023. Analysts polled by Refinitiv had expected adjusted earnings of $15.53 per share on $19.82 billion in revenue. WATCH: The design space overall has a lot of room to run, says Bessemer Venture Partners' Elliott Robinson
☆ Tech News & Analysis
  + stars: | 2022-09-19 | by ( ) www.wsj.com   time to read: 1 min
◆ WSJ News Exclusive China Steps Up Robotics Push as Workforce Shrinks China installed almost as many robots in its factories last year as the rest of the world, accelerating a rush to automate and consolidate its manufacturing dominance. 6 min read Chinese Companies Alter Products, Strategies to Offset Rising CostsWhy Adobe Wants Figma and Why Some Investors Are Worried The $20 billion price tag is spooking investors and raising questions among analysts, but Adobe CEO Shantanu Narayen said an earlier successful revamp at the company was also met with early skepticism.
☆ Business & Finance News
  + stars: | 2022-09-19 | by ( ) www.wsj.com   time to read: +1 min
The architect of the coffee chain’s rise, now interim chief, vows to mold a new generation of leaders and improve service. 5 min readStarbucks CEO Howard Schultz Plots Priorities in His Final Six Months in the RoleThe cooling housing market is threatening demand for items such as appliances, furniture and curtains. 5 min readRising natural-gas prices amid short supplies are expected to make it more expensive to light and heat homes in the coming months. 5 min readPharmaceutical companies sued to lift border-agency ban on practice that accounts for up to 10% of national plasma supply. 3 min readMexicans Can Cross U.S. Border to Get Paid for Plasma, Court RulesWhy Adobe Wants Figma and Why Some Investors Are Worried The $20 billion price tag is spooking investors and raising questions among analysts, but Adobe CEO Shantanu Narayen said an earlier successful revamp at the company was also met with early skepticism.
☆ Adobe’s $20 bln deal uses ample creative license
  + stars: | 2022-09-15 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +3 min
The design technology titan is acquiring startup Figma for $20 billion, using roughly half cash and half shares, in a deal that will significantly beef up its online collaboration capabilities. Even if it doubled again in 2023, it would represent just 4% of the $20 billion that analysts expect Adobe to generate, according to Refinitiv. Register now for FREE unlimited access to Reuters.com RegisterThis math suggests Narayen has used too much creative license. And yet even then Adobe saw fit to double up on the $10 billion Figma valuation from June 2021, per PitchBook, and shell out an eye-popping multiple of sales. CONTEXT NEWSAdobe said on Sept. 15 it had agreed to buy digital design rival Figma for about $20 billion, paying about half in cash and half in shares.
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