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Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; [4] it is headquartered in New York. [5] Founded in 2002 by programmer and photographer Jon Oringer, [6] Shutterstock maintains a library of around 200 million royalty-free stock photos, [7] vector graphics, and illustrations, [8] with around 10 million video clips and music tracks ...
(Reuters) -The U.S. government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and ...
The company has long been the dominant tech firm in design and creative software, [8] [9] despite attracting criticism for its policies and practices particularly around Adobe Creative Cloud's switch to subscription only pricing and its early termination fees for its most promoted Creative Cloud plan, the latter of which attracted a joint civil ...
Helping pioneer the subscription-based model of stock photography, [24] Shutterstock was founded in 2003 with a monthly subscription fee. [25] Online since 2000 as a royalty-free stock photography website, in 2004 Dreamstime [11] was founded as new microstock agency. [15]
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In 2012, Shutterstock became the first microstock agency to complete an initial public offering. The agency now trades on the New York Stock Exchange under the ticker SSTK. [4] In December 2014 Adobe acquired Fotolia for US$ 800 million in cash. [5]
Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $350 fee if the customer breaks the contract ...
Adobe called off plans to buy Figma, a web-based collaborative design platform, citing regulatory opposition to the proposed $20 billion deal. Adobe and Figma on Monday said they mutually agreed ...