ADOBE CFO EXITS AS CEO SEARCH UNDERWAY
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Adobe's chief financial officer is departing the company, compounding leadership uncertainty after CEO Shantanu Narayen announced his resignation in March.
■ MORE FROM THE BIG TECH DESK
Elon Musk's net worth has crossed $1 trillion following SpaceX's Nasdaq debut Friday, making him the first person to reach the milestone. The rocket company's IPO valued shares at $150 each.
Apple has released an updated version of Siri that demonstrates significant improvements over previous iterations. Early user experiences suggest the AI assistant is now genuinely useful rather than frustratingly unreliable.
Facebook, Instagram, and WhatsApp experienced widespread outages this morning, affecting users globally. The exact cause remains under investigation.
Memory chipmaker Kioxia Holdings surpassed Toyota Motor to become Japan's largest company by market value, with shares jumping 7.6% on Friday to reach approximately $274 billion. The shift reflects the growing influence of AI-driven semiconductor demand on global markets.