Adobe Buys Work Management Software WorkFront for $1.5B

Technology News : Adobe said it would acquire project management software maker Workfront for $1.5 billion, in a bid to make it easier for dispersed and remote teams to use its tools.

Founded in 2001, Lehi, Utah-based Workfront previously raised $95 million in venture funding and completed a $280 million secondary share sale last year.

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Bumped, a Portland-based startup that aims to reward consumers with stock in brands they frequently shop with, raised $10.4 million for its Series A round and also closed on $5 million in debt financing. Venture backers included Canaan Partners, Commerce Ventures, Oregon Venture Fund and Valor Siren Ventures.

Xiaomi announced the Mi 10T Lite back in September along with the Mi 10T and 10T Pro. Now, the company is prepping up to introduce the Mi 10T Lite in the country. Previously, the global and Indian variant of the handset were certified by the Bluetooth SIG authority. The phone with model number M2007J17G has received Thailand's NBTC certification, suggesting an imminent launch.

Samsung has slashed the price of its Galaxy S20 + BTS Edition in India. The handset made its debut in the country back in July along with the Galaxy Buds+ BTS Edition. To recall, the Samsung Galaxy S20+ BTS edition was launched at Rs. 87,999. For the festive season, now the phone will be available at Rs. 77,999.

Poco C3 comes as the first budhet smartphone by the Poco company. The device is equipped with the MediaTek Helio G35 processor. It is an entry-level gaming processor. If we talk about its pricing, the Poco C3 can be bought for Rs. 7,499 which is the cost of the base variant with 3GB RAM and 32GB storage. By paying Rs. 1,000 extra, you will be able to grab the high-end model with 4GB RAM and 64GB storage option.