Liz Gannes of GigaOM reports:
At its developers’ conference in Las Vegas last week, Adobe announced it would spend $100 million in venture funding on startups that use Adobe platforms, especially Apollo, the company’s new system for running applications written in Flash, HTML, and JavaScript from the desktop. The core idea is to marry the online and offline worlds, but the system is only out in preview now, so there aren’t exactly startups queued up for the cash.
More about Apollo here [labs.adobe.com].
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