Judge Rejects $324.5M Settlement Of Silicon Valley Hiring LawsuitA federal judge rejected as too low a $324.5 million settlement of a class-action lawsuit alleging Google and Apple conspired with several other technology companies to block their top workers from getting better job offers.
60,000 Tech Workers To Average $4,000 In Settlement Of Silicon Valley Hiring LawsuitNearly 60,000 high-tech workers are likely to receive an average of $4,000 apiece in a settlement of a class-action lawsuit alleging Apple and Google conspired in an illegal cartel of Silicon Valley employers that secretly refused to recruit each other's engineers.
Google, Apple, Intel, Adobe Settle High-Tech Workers' LawsuitGoogle, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another.
San Jose's Adobe Says Credit Card Info Of 2.9 Million Customers ExposedThe maker of Photoshop and other software said Thursday that the attacker accessed customer names, encrypted credit and debit card numbers, expiration dates and other information related to orders.
Adobe Profit Shrinks But Subscriptions RiseAdobe Systems Inc., the maker of Photoshop and Adobe Reader, said Tuesday that its fiscal third-quarter earnings tumbled 59 percent, but it added subscribers to its Creative Cloud service.
Adobe Abandons Flash For Mobile Web BrowsersAdobe says it will pull Flash, its software for Web video and software, from the Web browsers of mobile devices. Flash will still work on mobile apps and on computers’ Web browsers.
Adobe To Cut 750 Jobs, Trims 4Q Profit OutlookSoftware maker Adobe Systems Inc. said Tuesday that it is laying off 750 workers, or 7 percent of its workforce, as it moves to focus on products that help people create digital content and then market it on multiple devices and platforms.
Adobe 4th Quarter Earnings, Outlook Beat ExpectationsSoftware maker Adobe is posting earnings for its latest quarter that exceed analyst expectations, and provides a rosy outlook.