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Adobe Systems (ADBE) closed the most recent trading day at $345.62, moving +2.03% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.73% for the day.

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Students and faculty across design-oriented disciplines say the software is essential and fear the move signals deeper cuts to the University’s creative resources.

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Aanchal Gupta has been named CSO at Adobe after holding cybersecurity leadership roles at Microsoft for more than five years.

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Adobe Systems Inc. has hired Aanchal Gupta, a former Microsoft Corp. executive, to lead its global cybersecurity program.