Jon Steinberg talks exclusively with Cheddar board member Scott Belsky about his new position at Adobe Cloud. Belsky was named Chief Product Officer and Executive Vice President of Adobe's Creative Cloud on Wednesday night.
Belsky will oversee the Adobe Design team, which focuses on experience design across Adobe product. He will also drive product delivery and long-term innovations.
In 2012, Belsky joined Adobe through the acquisition of Behance, a platform he co-founded in 2006. He served as Adobe’s vice president of products, leading the Creative Cloud mobile product strategy.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
Airbnb warned in its latest quarterly report of a possible slowdown in bookings. Cheddar News breaks down how budget-conscious customers are planning changes in travel for the upcoming summer season.
