Adobe CEO on Market Selloff, Metaverse Plans

Bloomberg Technology published this video item, entitled “Adobe CEO on Market Selloff, Metaverse Plans” – below is their description.

Adobe CEO Shantanu Narayen joins Emily Chang to discuss how Adobe is navigating the market selloff, his outlook for the company’s future and M&A strategy, and its plans for the metaverse.

Bloomberg Technology YouTube Channel

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About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In This Story: metaverse

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.

The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.

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