Adobe's AI Challenges and TikTok's Corporate Negotiations

Intel has a new boss and they seem to want to double down on the Foundry strategy. Meta is testing community notes. Sonos is abandoning its big streaming video hardware project. Is Adobe falling behind in AI? Is Oracle the leader to take over TikTok US? And why is John Gruber so mad at Apple?

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Links:

• Intel appoints chip industry veteran Lip-Bu Tan as CEO (Reuters)
• Intel CEO Signals That He’ll Stick With Contentious Foundry Plan (Bloomberg)
• Meta unveils new community notes program; will not apply distribution penalties nor limit flow of information (Fox News)
• Sonos has canceled its streaming video player (The Verge)
• Microsoft’s new Xbox Copilot will act as an AI gaming coach (The Verge)
• Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results (CNBC)
• Oracle Is Leading Contender to Help Run TikTok in New Deal (The Information)
• Something Is Rotten in the State of Cupertino (Daring Fireball)

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