Why Adobe Systems Is Abandoning Flash
It nearly goes without saying that tech companies should look ever forward and spend little time gazing at the road behind them. A major recent example comes from Adobe Systems (NASDAQ: ADBE), which announced it will no longer support its often-controversial Flash software. The news came as a relief to IT professionals and casual web surfers alike. There were good and solid reasons for that reaction.
Adobe will cease to update and generally make available Flash starting at the end of 2020. It didn't get more specific about the date.
In the press release announcing the decision, Adobe wrote that "as open standards like HTML5, WebGL, and WebAssembly have matured over the past several years, most now provide many of the capabilities and functionalities that plugins pioneered and have become a viable alternative for content on the web."
Source: Fool.com
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