IT News Weekly Recap – Adobe Acquires Magento, ZTE’s US Comeback & More

Amazon’s Marketplace Appstore Opens Public Beta

Amazon Marketplace Appstore Logo

  • The new app store will feature business tools created using Amazon Marketplace Web Service (Amazon MWS) to help sellers manage inventory, orders, reports, etc.
  • The Marketplace Appstore is currently in a public beta stage, open for all developers who request an invite and successfully pass screening.
  • Amazon is already a platform of choice for 2 million sellers, so it makes perfect sense to launch an app store that will offer premium API-enabled business tools.

ZTE Will Pay $1.3B Fine To Continue US Business

ZTE US Ban Logo

  • U.S. President Donald Trump has stated that ZTE has to pay a $1.3 billion fine and undergo a complete overhaul of its management team if it wants to continue business in North America.
  • The decision has been heavily criticized due to the remaining national security concerns.

Google And Xiaomi Team Up To Bring ARCore to China

Goggle ARCore in China

  • Aiming to return to China, the search giant partners with Xiaomi to push its AR/VR apps to the Chinese market.
  • ARCore will initially be available only on Xiaomi’s Mix 2S devices (via Xiaomi App Store), but Google plans to extend partnership towards other manufacturers too.
  • Huawei and Samsung are the two other companies that have also signed up to distribute ARCore on Chinese soil.
  • Google’s main services remain blocked in China, the introduction of ARCore apps is a way of getting around this. Once apps are downloaded, they can work without the cloud where internet censorship laws are applied.

StumbleUpon Goes Down After 16 Years

StumbleUpon Shuts Down Screenshot

  • Despite its long and notable run, once overtaking even Facebook in the US social media traffic race back in 2011, StumbleUpon has reached its finale.
  • Garrett Camp, the CEO and founder of StumbleUpon, invites fans to transition over to his other project called Mix, which is essentially a Pinterest-like service for content.

Adobe Buys eCommerce CMS Magento for $1.68B

Adobe Acquires Magento CMS

  • Magento is the world’s most popular eCommerce CMS, with notable clients like Canon, Burger King, CocaCola, and many others.
  • According to Bloomberg, Magento scores more than $155 billion in gross merchandise volume.
  • Adobe plans to combine Magento products with its own Experience Cloud that already includes various marketing services for advertising and analytics.

InVision Studio Gets An App & Asset Store

Invision Studio Platform App Store

  • Aimed to “truly become the operating system for product design”, last week InVision has introduced a new App Store.
  • InVision Studio users can now access their most-used apps and services from Google, Salesforce, Slack, Getty, and Atlassian right inside the design tool.
  • The new App Store also includes icons, UX/UI components, typefaces, and other assets, available for sale.
  • InVision has grown to 4 million users and raised a total of $235 million in funding since it’s launch in 2011.

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