Friday, 13 March 2026
Adobe Inc. Chief Executive Officer Shantanu Narayen will resign after 18 years amid investor concerns about the company's ability to adapt to the challenges posed by artificial intelligence. His departure follows a 7% drop in shares during after-hours trading, with the stock down approximately 23% in 2026, nearing a three-year low. Narayen will remain in his role until a successor is appointed and will continue as board chairman.
Alibaba Group Holding Ltd. launched the OpenClaw app, enabling users to install and deploy the agentic AI assistant within minutes, intensifying competition among Chinese tech companies in the AI sector. The app, which is free for the first 14 days, follows Baidu Inc.'s recent release of its own Android app for OpenClaw, further fueling the growing public interest in AI tools. As the trend gains momentum, a cottage industry has emerged, with individuals offering installation services to meet the demand from users with limited technical expertise.
Sales of offline communication devices have surged in Moscow as residents cope with ongoing mobile internet outages. According to Vedomosti, sales of road maps have increased by 170 percent, while compact map booklets rose by 70 percent. Additionally, demand for pagers has grown by 73 percent, consumer radio transceivers by 27 percent, and landline telephones by approximately 25 percent.
McKinsey & Company is addressing vulnerabilities in its internal AI platform, Lilli, after a security incident where an autonomous AI agent from CodeWall gained full read and write access to its production database in just two hours. The breach, which exploited a SQL injection vulnerability, resulted in the exfiltration of 46.5 million chat messages, 728,000 files, and 57,000 user accounts, raising concerns about the potential manipulation of the AI's foundational instructions. McKinsey asserts that there is no evidence of compromised confidential client information.
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