Apple eases app restrictions, Adobe shares jump

Apple Inc. CEO Steve Jobs speaks in front of the display showing buttons of various apps during the iPhone OS4 special event at Apple headquarters in Cupertino, California April 8, 2010. REUTERS/Robert Galbraith

SAN FRANCISCO (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.

Apple had been criticized by developers for what they called onerous restrictions on building apps. Apple had effectively banned developers from using the popular Flash software and other technology to build apps for iOS, the operating system that powers the iPhone and iPad.

I found this using the News Pro iPhone application from Thomson Reuters.

Leave a Comment