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Technology Stocks : Adobe (adbe) opinions

ADBE 340.85

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From: Sr K	12/13/2023 7:58:48 PM
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Adobe Says Significant Costs, Penalties May Arise Out of FTC Investigation wsj.com The software maker says it has been cooperating with FTC staff since June 2022 By Denny Jacob Dec. 13, 2023 5:22 pm ET Share Resize Listen (1 min) Adobe on Wednesday also reported its fourth-quarter results and gave guidance for the current quarter and fiscal year. PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS Adobe said it could face significant costs or penalties tied to a Federal Trade Commission probe into its disclosure and subscription cancellation practices. The software maker said on Wednesday that it has been cooperating with FTC staff since June 2022 seeking information tied to its practices as it relates to the Restore Online Shoppers’ Confidence Act, according to a regulatory filing. Exc.

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