'It Is Time To Cancel Adobe': New Photoshop Terms & Conditions Spark Outrage Among Professionals
Portfolio Pulse from Michael Cohen
Adobe Inc. (NASDAQ: ADBE) has updated its terms and conditions for its apps, including Photoshop, causing backlash from professional users. The new terms grant Adobe extensive rights to access and use user content, sparking privacy concerns and calls to cancel subscriptions.
June 06, 2024 | 3:16 pm
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Adobe's recent update to its terms and conditions for Photoshop has caused significant backlash from professional users. The new terms grant Adobe extensive rights to access and use user content, leading to privacy concerns and calls to cancel subscriptions.
The backlash from professional users over Adobe's new terms and conditions could lead to a decline in subscriptions and negatively impact the company's stock price in the short term. The controversy centers around privacy concerns, which are critical for Adobe's user base.
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