Adobe Systems Inc., the largest maker of graphic-design software, reported fiscal second-quarter profit that exceeded analysts’ estimates as subscribers signed up for cloud-computing services at a faster clip.
Hewlett-Packard Co. Chief Executive Officer Meg Whitman is reorganizing the company’s struggling personal-computer business, replacing longtime head Todd Bradley with one of his deputies amid a global PC slump.
Mobile payments companies and retailers will forge more partnerships where they retain customer identities, making it unnecessary to re-enter credit- card information, said John Collison, co-founder of Stripe Inc.
Acupuncturist Courtney Wallace was struggling to pay off $60,000 in student debt. Seeking more lucrative work through tapping skills she’d learned as a kid building websites, she went to TrainSignal Inc., which provides web-based computer training for $49 a month. A month later, she was hired as a systems specialist at a consulting company in Chicago.
Advanced Micro Devices Inc., struggling to compete with Intel Corp. in the market for processors that run server computers, unveiled three new products aimed at making a dent in its larger rival’s sales.
Steve Case, co-founder of America Online Inc., said his venture-capital firm Revolution LLC will keep investing the bulk of its capital outside of Silicon Valley and New York to find innovative products and businesses.