(Reuters) - Adobe shares soared 14% before the bell on Friday after the Photoshop-maker raised its annual revenue forecast as more customers turned to its AI-powered editing tools.
The forecast allayed investor fears that Adobe, a major player in the market for editing tools for photos and videos, could lose customers to AI startups such as Dall-E maker OpenAI that allow users to generate images with simple text prompts.
It also showed... (continue reading...)
BUDAPEST (Reuters) - Italian anti-fascist activist Ilaria Salis was released from house arrest in Budapest after she was elected a member of the European Parliament at the weekend, her lawyer Gyorgy Magyar told Reuters on Friday.
The 39-year-old teacher was charged in Hungary with taking part in an anti-fascist group's assaults on people they viewed as far-right activists.
(Reporting by Anita Komuves; Editing by Tomasz Janowski)
By Anna Voitenko
DONETSK REGION, Ukraine (Reuters) - Huddling in the dark with his automatic rifle, 50-year-old Ukrainian soldier "Bell" said he wished more of his younger compatriots would join the fight against Russia's invasion.
Facing a bigger and better equipped enemy, Ukrainian forces are heavily reliant on older soldiers like him to defend the country against relentless Russian assaults.
"They should understand that... (continue reading...)
MANILA (Reuters) - The Philippine military chief urged Filipino fishermen to keep fishing in the country's exclusive economic zone in the South China Sea, despite China's new coastguard rules allowing it to detain trespassers without trial that take effect on June 15.
China, which claims almost all of the South China Sea including parts claimed by the Philippines, Brunei, Malaysia, Taiwan and Vietnam, has issued new rules that would enforce a 2021 law... (continue reading...)
MADRID (Reuters) - Microsoft plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain's northeastern region of Aragon, which is becoming a major cloud computing hub within Europe.
Aragon's regional government said the U.S. tech giant had applied for a construction permit to build data centres at a site outside the city of Zaragoza, confirming a report by local newspaper El Heraldo.
The company's investment... (continue reading...)
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