AMNews: Adobe Axes Mobile Flash & Cuts 750 Jobs, Apple Settles Power Adapter Lawsuit, Google+ Membership Rises

Adobe had decided to honour the wishes of the late Steve Jobs and stop developing its Flash plug-in for mobile phone devices. Sources close to Adobe have told ZDNet that the company plans to stop developing Flash for mobile devices, but it will support the Android and PlayBook versions of Flash with big fixes.

After Adobe announced the cutting of 750 jobs, shares of the company fell down in their extended trading. The job cut is a part of the company's effort to shift their investments to various programs related to Web advertising and digital publishing.

Apple has revealed that it has settled a class action lawsuit related to the T-Shaped MagSafe power adapter for MacBook and MacBook Pro models. The company has launched a new program called the Apple Adapter Replacement Program, which tells people how to get their cash back.

Soon, British researchers will build a computer that will take 10 long years and cost millions of dollars. However, this investment is not for building a machine with very high analytical power or super fast speed.

With the help of front-door traffic, Google+ Pages and Google+ Hangouts, the new social networking site Google+ will have more than 60 million users by end of fourth quarter this year. The popularity of Google+ is soaring so high that one financial analyst is expecting that this social network will gain 20 million users during the fourth quarter.