August 8, 2014, 7:40 PM

Top News

Mark Ames / PandoDaily:
Judge rejects $324M settlement in anti-poaching class action suit against Apple, Google, Intel, Adobe; says it should have been at least $380M  —  BREAKING: Judge strikes down Techtopus wage theft settlement  —  The judge overseeing the landmark Silicon Valley wage theft antitrust lawsuit …
China's Alibaba Is Not Investing in Snapchat  —  Alibaba's interest in Snapchat has disappeared.  —  While there have been persistent reports, including one in Forbes today, that the Chinese e-commerce giant was going to make a big investment in the popular Los Angeles-area ephemeral messaging company …
More: VentureBeat and Forbes
Lance Whitney / CNET:
Windows Phone Store hits more than 300,000 apps  —  And Microsoft expects the number to get much larger with the arrival of “universal” Windows apps.  —  Microsoft's Windows Phone Store has reached a new milestone with more than 300,000 apps on its virtual shelves.

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It's All About Relationships When Selling Your Startup  —  What is actually required for a startup to get to an M&A?  While the popular image may be Facebook buying Instagram over one weekend, that's not how it usually happens.
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