Adobe Acqui-hires Thumb Labs To Make Mobile Apps For Behance And Its New Creative Cloud
Another step for Adobe in its bid to become the go-to place in the cloud for those working in design and other creative industries: it is acquiring Thumb Labs, a bootstrapped, New York-based mobile app design agency. Jared Verdi, one of the co-founders of Thumb Labs along with Rich Kern, tells TechCrunch that financial terms of the Thumb Labs acquisition are not being disclosed. The news follows on from Adobe’s acquisition of another New York-based design startup, Behance, a platform for designers and others in the creative industries to share their work, which Adobe picked up in December 2012 reportedly for around $150 million. Earlier this month, Adobe put the Behance acquisition into context when it announced a massive push on its Creative Cloud strategy, with social/community features powered by Behance. Verdi tells TechCrunch that Thumb Labs will see out existing contracts it has with other clients, but as of May 31, it will focus its efforts exclusively on making mobile apps for ...
Made For The World. Built And Designed In China.
For years, the iPhone has carried a small etching on the back that says ‘Designed by Apple in California. Assembled in China.’ It’s fueled the stereotype that China is the world’s factory, but hasn’t had a flexible enough education system to produce R&D talent that can also design world-class products for a global audience. But that’s a stereotype that isn’t exactly true anymore. A small group of companies — both small, bootstrapped app startups and multi-billion dollar giants like Tencent — are showing that they can design apps or higher-end hardware with international appeal. Tencent, one of the country’s gargantuan Internet powers with a market cap of $72 billion dollars, often likes to point out the international reach of its messaging app Weixin or WeChat. That app has blossomed to more than 190 million monthly active users over the past year and with about 40 million of registered users outside of China. “I’m very glad to see the internationalization of Tencent,” ...
Tim Cook confirms: Apple spending $100 million to build new Macs in Texas
No word on whether they'll be bigger than current Macs.
European Union Leaders Meet on Tax Avoidance
The forum was to focus on entities based in Europe, but it comes after the United States Senate found that Apple had reduced taxes by recording income in Ireland.
Tim Cook tells Congress why Apple won’t move $100 billion back home
Senators ask why Apple moves profits into an Irish company that pays no taxes.