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Snapchat 'in talks' with Alibaba

Snapchat is rumored to have had talks with Chinese e-commerce giant Alibaba, which has stepped up its venture with capital investments as it prepares for its IPO, and the potential deal would represent a big bet on the future of messaging apps. http://dealbook.nytimes.com/2014/07/30/snapchat-said-to-have-had-talks-with-alibaba-on-potential-investment/?emc=edit_th_20140731&nl=todaysheadlines&nlid=68163943

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