Techmeme
August 9, 2014, 1:40 AM

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 …
Reuters:
FCC rejects Verizon's “all the kids do it” argument, asks all carriers to explain their data throttling policies  —  After Verizon, U.S. FCC quizzing other carriers on data management  —  (Reuters) - The head of the U.S. communications regulator on Friday said he is asking …
Sam Machkovech / Ars Technica:
T-Mobile becomes first American carrier to release phone unlocking app  —  One week after President Obama signed a phone-unlocking bill into law, T-Mobile has responded by becoming the first American carrier to launch its own unlocking app.  Modestly titled Device Unlock …
Re/code:
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 …
Dan Seifert / The Verge:
Meta Watch's Meta M1 premium smartwatch is now available for preorder starting at $249  —  Meta Watch's ‘premium’ smartwatch is now available for pre-order  —  The Meta M1 can be had in a variety of colors and band options  —  Smartwatches are everywhere this year, but with few exceptions …
Dan Levine / Reuters:
Google settles U.S. shareholder lawsuit over online drug ads  —  (Reuters) - Google Inc has agreed to create a $250 million internal program to disrupt rogue online pharmacies as part of a deal to end shareholder litigation over accusations the search company improperly allowed ads from non-U.S. drug sellers.
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.
Greg Bensinger / Wall Street Journal:
Rakuten acquires US based e-commerce app Slice as it thinks about expansion in country  —  Japan's Rakuten Buys Startup as It Mulls U.S. Entry  —  Rakuten, Japan's largest online retailer, has bought Slice, a U.S. based e-commerce app, as it plans a possible foray into the U.S.

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