Adobe CEO Shantanu Narayen will step down after a successor is named; he became CEO in 2007 and will remain as chair of the board; ADBE drops 6%+ after hours — Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company's chair.
xAI hires senior Cursor leaders Andrew Milich and Jason Ginsberg; Elon Musk said he expects xAI to catch up with rivals in coding by “the middle of this year” — Elon Musk's xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding …
PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade — Shares of PayPay Corp. jumped 19% in its trading debut Thursday after the digital payments firm's $879.8 million US IPO …
WordPress debuts my.WordPress.net, which lets users run WordPress entirely in the browser to set up a private workspace not accessible from the public internet — WordPress's publishing software can now run entirely in the web browser, the organization behind the open source publishing software announced on Wednesday.
Oracle reports Q3 revenue up 22% YoY to $17.19B, vs. $16.91B est., and cloud revenue up 44% to $8.9B, vs. $8.85B est.; ORCL jumps 6%+ after hours — Oracle shares rose 8% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections …
Sources: US Social Security's inspector general is investigating claims an ex-DOGE engineer took sensitive data on a thumb drive to his new private employer — The Social Security inspector general's office is investigating allegations that the former DOGE engineer took sensitive data …
Sources: Nielsen's Gracenote sues OpenAI for copyright infringement, saying OpenAI copied Gracenote's data and relational framework used to connect metadata — - To date, there hasn't been a major media copyright lawsuit that focuses on the theft of a proprietary sequence or structure behind a dataset.