Links 5/23/2014; Fab's decline; What to expect in McDermott's first 100 days

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How A Gay Social Network Turned Itself Into A Billion Dollar E-Commerce Site, Then Fell Apart (Business Insider)

Alibaba Plans Online Market Geared to Americans (New York Times)

China's IPO raises $1.78 billion, augurs well for Alibaba (Reuters)

Bill McDermott’s First 100 Days: One CEO, One SAP (Enterprise Applications

Workday Growth Expected To Remain In High Gear In Q1 (Investor's Business Daily)

SAP's Mobile Platform 3.0 generally available (ZDNet)

New Jersey pension system investigates pay-to-play allegations (Fortune Term Sheet)

Independence Blue Cross and Relay Take a Radical Approach to Mobile and See Results (Marketwire)