Adobe is transitioning from Flash plug-in to HTML5 for desktop browsers, too.
Adobe is working on a fix for a Flash Player vulnerability that can be exploited via clickjacking techniques to turn on people's webcams or microphones without their knowledge.
While HTML5 is replacing Flash for mainstream sites, online games and media-rich apps will get a boost from Flash Player 11 and AIR3.
Despite early successes on the Web, the latter years of Flash have been a tale of missed opportunities.
Adobe released a critical update for Flash Player today that patches a zero-day security flaw currently being exploited in the wild.
The final versions of Flash Player 11 and Air 3 will be released in early October, and the new version of Flash comes with a hardware-accelerated 3D rendering engine.
Apple may not have approved it, but it appears as though iPhone users will soon gain access to Flash content.