Saturday, November 30, 2019

Adobe: Black Friday online sales grew 19.6% YoY to $7.4B, as Thanksgiving sales rose 14.5%, to $4.2B; Cyber Monday sales are expected to reach $9.4B, up 18.9% (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Adobe: Black Friday online sales grew 19.6% YoY to $7.4B, as Thanksgiving sales rose 14.5%, to $4.2B; Cyber Monday sales are expected to reach $9.4B, up 18.9%  —  Following swiftly on the heels of a Thanksgiving that broke records with $4.2 billion in online sales, Black Friday also hit a new high …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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