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Apple eases app restrictions, Adobe shares jump | Reuters

World: Apple eases app restrictions, Adobe shares jump

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Gifted submitted 2010/9/11 19:52, published 2010/9/11 19:51 | 338 views
Tags: Adobe, app, Apple, restrictions, shares-jump

http://www.reuters.com/article/idUSTRE68835V20100909

(Reuters) - Apple Inc is easing restrictions for building iPhone and iPad applications, a move that should allow for the use of third-party tools such as Adobe Systems' Flash software and ease tension between the two companies.

Shares of Adobe surged more than 12 percent on Nasdaq on Thursday, after Apple announced the changes.

Apple's about-face follows a high-profile spat with Adobe last spring that saw Steve Jobs sharply criticize Flash technology.

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