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The Guardian - UK
The Guardian - UK
Technology
Bobbie Johnson, technology correspondent

Breakfast briefing: Adobe spends while Facebook surges

• Heads are being scratched at the decision by struggling software giant Adobe to splash out $1.8bn on web analytics outfit Omniture. Coming just after the news that it has seen profits drop by 29% on the same time last year, it's a slightly puzzling - and perhaps fundamental - change of course for the company best known for programs like Photoshop and Flash.

Facebook came up with a double whammy of news yesterday: it's passed the 300 million user milestone and it's achieved positive cashflow ahead of its 2010 target. That doesn't necessarily mean that it's rolling in cash - despite the fact that investor Marc Andreessen told Reuters recently that it is on track to coin more than $500m a year in revenues. But it's certainly a big step for the company towards becoming the real deal.

• We've got a little robot chaser to finish up those big money items: featuring a teensy jumping vehicle that's being developed for the US military. The Precision Urban Hopper, as its known, is doing the rounds online thanks to its remarkable ability to leap over fences in a single bound. Here's a YouTube video of it in action.

You can follow our links and commentary each day through Twitter (@guardiantech, or our personal accounts) or by watching our Delicious feed.

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