Adobe CEO Shantanu Narayen is stepping down, and AI may be playing a role in his departure. In a letter shared on Thursday, March 13, Narayen said that he has made the decision to transition out of the role after 15 years. He has served a total of 28 years at the company. Under his leadership, the company grew from fewer than 3,000 employees to more than 30,000, delivered tech into the hands of billions, and increased revenue from $1 billion to $25 billion, the letter stated. Narayen will officially make the transition when a successor is appointed. “I am so incredibly proud of what we have accomplished together,” he expressed in the letter. Narayen’s departure comes at a time when the company’s revenue forecast just surpassed estimates, but did not resolve investor concerns about the company’s innovation in AI compared to competitors, reports Bloomberg. The staffing change “adds questions around strategic continuity, capital allocation priorities, and pace of innovation,” Grace...

At a time when companies — particularly in big tech — are cutting human roles while investing heavily in AI, anxiety about job displacement is growing. Now, one tech founder is predicting that one of the most rigorous and highest-paid professions could fundamentally change by the end of 2026. During a Feb. 19, 2026, appearance on Lenny Rachitsky’s “ Lenny’s Podcast,” Boris Cherny, creator and head of Claude Code at Anthropic, said he believes coding has effectively been “solved.” As a result, he sees an inevitable transformation ahead for software engineers in the age of AI. “I think by the end of the year, everyone is going to be a product manager, and everyone codes. The title software engineer is going to start to go away,” Cherny said, Fortune reports . “It’s just going to be replaced by ‘builder,’ and it’s going to be painful for a lot of people.” What Is Claude Code? Cherny developed Claude Code while in Anthropic ‘s Bell Labs-style experimental division, per Fortune. Released...

SiriusXM Radio has agreed to settle a $28 million lawsuit. Lawsuit Explained Plaintiffs filed a class action lawsuit against the satellite radio company, alleging it violated the Telephone Consumer Protection Act (TCPA) by calling consumers listed on the National Do Not Call Registry or after consumers told the company they did not want to be contacted, USA Today reports. T he lawsuit was filed in November 2022 in the U.S. District Court for the Central District of Illinois according to Inside Radio. The TCPA prohibits automated calls to individuals on the Do Not Call Registry unless the individual has given prior permission. Companies that violate the law can face penalties of up to $500 per call and as much as $1,500 per call for deliberate violations, according to the outlet . Settlement Details SiriusXM did not admit wrongdoing but agreed to settle the lawsuit for $28 million in October 2025, citing efforts to reduce costs, distractions, and uncertainty if litigation continued,...

Three big tech companies are heading to trial this week. ABC News reports that Meta’s Instagram, ByteDance’s TikTok, and Google’s YouTube are heading to Los Angeles County Superior Court, with jury selection underway this week. The case involves claims that the platforms’ products are harmful and addictive to children. A 19-year-old referred to as “KGM” is joined by two other plaintiffs, according to ABC News. KGM says she began using social media at an early age, and it has led to depression and suicidal thoughts, which she alleges stem from design choices made by the social media companies as they seek to increase their profits. “Borrowing heavily from the behavioral and neurobiological techniques used by slot machines and exploited by the cigarette industry, Defendants deliberately embedded in their products an array of design features aimed at maximizing youth engagement to drive advertising revenue,” the lawsuit read, according to ABC News. Mark Zuckerberg, Meta’s CEO, and...

Bristol Myers Squibb and Microsoft will partner for medical advancements in lung cancer. An agreement was signed that will allow biopharmaceutical company Bristol Myers Squibb to benefit from Microsoft’s AI-enabled radiology platform that can detect lung cancer in its early stages, Reuters reports. The drugmaker markets itself as a global leader in addressing complex diseases such as cancer and HIV, per its website . This agreement between the two will open doors for the deployment of radiology AI algorithms via Microsoft’s Precision Imaging Network — tools that have been cleared by the U.S. Food and Drug Administration , according to a press release. The network can analyze X-ray and CT images, which is helpful in detecting lung nodules sometimes difficult to recognize, the release added. The technology would also contribute to the improvement of radiologists’ workflows and be used by the majority of U.S. hospitals, per the release. “By combining Microsoft’s highly scalable...

Google has been hiring “tons” of workers without college degrees, according to its co-founder. Google co-founder Sergey Brin is a Stanford University graduate who studied computer science, according to Fortune. Various students have also flocked to pursue their college studies in that field, as they’ve been told it will provide a good salary. However, those promises have looked more bleak of late. Forbes notes that 170,000 undergraduates majored in the field in 2024, which was double that of a decade before, and that those students are now facing some of the highest unemployment rates (6.1%). The outlet also points out that there aren’t many six-figure starting salaries in big tech anymore. And though AI has raised concerns for many graduates, Brin suggests, per Fortune, that it doesn’t mean people should steer clear of pursuing their studies. “I wouldn’t go off and switch to comparative literature because you think the AI is good at coding,” he said, according to Fortune. “The AI...

Meta has announced it is reducing its workforce. In January 2025, Meta said it would lay off 3,600 employees, nearly 5% of its workforce, who were classified as “low performers,” as AFROTECH™ previously reported. This announcement came as the company was preparing for its most “ intense year, ” according to the internal memo that CEO Mark Zuckerberg posted, sharing news of the workforce reduction. “Meta is working on building some of the most important technologies of the world,” Zuckerberg said at the time, according to CNBC. “AI, glasses as the next computing platform and the future of social media.” Layoffs In Reality Labs Division In 2026, Meta announced another round of layoffs, according to The New York Times. Its Reality Labs division — which develops augmented and virtual reality products, including Meta’s metaverse virtual-reality world and Meta’s Ray-Ban sunglasses — will primarily be affected. The tech company plans to lay off up 10% of employees, per the outlet . Reality...

For those wondering, “What’s happening with Apple’s credit card?” — the tech giant announced on Wednesday, Jan. 7, 2026, that Chase will become its new issuer. The change will replace Goldman Sachs, which has backed Apple Card since its launch in 2019, and will take place over the next two years. “Apple is an iconic brand recognized globally for its innovation, design excellence, and commitment to delivering exceptional customer experiences,” Allison Beer, Chase’s CEO of Card & Connected Commerce, said in a statement. She added, “We share a commitment to supporting consumer financial health, and we’re proud to deepen our relationship by welcoming them as the newest partner in our industry-leading co-brand credit card program. We’re excited to innovate together in the future.” Apple Card users can continue to use their cards as usual during the transition. Managing balances, accessing savings accounts , and applying for new cards will remain the same for now. Mastercard will also...