ADOBE CFO EXITS AS CEO SEARCH UNDERWAY
■ AI-SUMMARIZED FROM 2 SOURCES ▸ 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
President Donald Trump announced plans to appoint an artificial intelligence czar while characterizing safety risks as overblown. The move signals the administration's push for accelerated AI development with minimal regulatory constraints.
Former US antitrust chief Jonathan Kanter is examining whether AI companies need exemptions from competition law to safely develop powerful systems. The question sits at the intersection of two major tech policy debates: AI safety and corporate regulation.
A Los Angeles judge has tentatively opposed a portion of the US government's settlement with TikTok over children's privacy violations, creating new complications for the platform's US operations.
A leaked presentation reveals OpenAI expects negative free cash flow of $278 billion between 2026 and 2030, even as it forecasts revenue will grow nearly tenfold from $36 billion this year to $350 billion by decade's end.