Adobe and Major League Baseball plan to adopt cloud services to help fans experience the national pastime, including Experience Cloud and Creative Cloud. Both companies say leveraging Adobe software will help fans become more engaged with the sport.
Meta, the parent company of Facebook and Instagram, has tightened regulations on financial product and service advertisements targeting Australian users.
Cybersecurity company CrowdStrike showed signs of recovery in its first quarterly results following the massive service outage in July. The company reported revenue of $1.01 billion for the third quarter of fiscal year 2025, surpassing Wall Street expectations. A notable point is that Annual Recurring Revenue (ARR) increased by $153 million12. Analysts attributed this to the company's communication with customers and responsible response to the incident. CrowdStrike reported a high gross retention rate of 97%, suggesting minimal customer churn. CEO George Kurtz stated that large customers have not switched to other vendors. The company's Falcon Flex subscription model and Next-Gen SIEM product also showed strong growth. Analysts assessed that CrowdStrike is on track to recover from the July incident and has demonstrated trust with its customers.
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