Zaheer Kachwala / Reuters:
Adobe announces a $25B stock repurchase program through April 30, 2030; Adobe shares have fallen around 30% so far this year  —  Adobe (ADBE.O) on Tuesday said its board of directors has approved a new $25 billion stock repurchase program through April 30, 2030, sending its shares up around 2% in extended trading.

Microsoft has slashed the price of Game Pass Ultimate, a rare concession to Xbox consumers faced with rising prices across the board.

Lorenzo Franceschi-Bicchierai / TechCrunch:
The US DOJ says a former ransomware negotiator pleaded guilty to helping cybercriminals extort companies in cyberattacks in five different incidents  —  Angelo Martino, a former ransomware negotiator, has pleaded guilty to helping cybercriminals extort companies in cyberattacks.

Cecilia D'Anastasio / Bloomberg:
Roblox reaches settlements totaling $35.8M with the AGs of West Virginia, Alabama, and Nevada over child-safety protections  —  Roblox Corp. has reached settlements with attorneys general in three states over child-safety protections.  —  As part of the deals, the video game company pledged …

Core Memory:
An interview with Sam Altman and Greg Brockman on OpenAI's restructuring, cutting Sora, “personal AGI”, Anthropic's “fear-based marketing” for Mythos, and more  —  The last two standing - on everything  —  Sam Altman and Greg Brockman came on Core Memory together for a ten-year look back at OpenAI.