October 7, 2010
Could there one day be a Microsoft logo on these boxes? ————————— Shares of Adobe (ADBE) shot up 11.5% today on rumors Microsoft (MSFT) could make a bid for the guys behind Photoshop. The New York Times reported that Microsoft’s Steve Ballmer met in ‘secret’ with Shantanu Narayen: The meeting, which lasted over an hour, [...]
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September 22, 2010
Is free and cheap software ruling the world? I think so. Look at what’s been going on in software this week: 1) Adobe (ADBE) stock is down 20% today after disappointing investors with its fourth-quarte guidance. The problem? Customers can’t afford its expensive Creative Suite products like Photoshop. 2) The day before, Google (GOOG) announced [...]
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