Adobe to release web-based version of Photoshop

In an unprecedented move, Adobe CEO Bruce Chizen has announced that his company plans to take its flagship graphics editing product, Adobe Photoshop, online--within the next six months. Hoping to beat possible competitors to the punch, Adobe will launch a scaled-down version of Photoshop--even more limited than Photoshop Elements--as a web-based, ad-supported application. Chizen cited Adobe Remix, a Web-based video-editing tool that Adobe offers in conjunction with online photo site PhotoBucket, as helping pave the way for an online Photoshop. "That is new (for Adobe). It's something we are sensitive to because we are watching folks like Google do it in different categories, and we want to make sure that we are there before they are, in areas of our franchises," Chizen said.

For more on Photoshop's move online:
- see this CNET article