PE HUB Second Opinion

In Second Opinion, Blackberry said it will acquire rival Good Technology for $425 million, global stocks sink following the release of the U.S. jobs report, even though the unemployment rate is the country’s lowest in seven years and a college student uses a Barbie jeep for transportation after a DWI arrest. Have a good holiday weekend!


PE HUB First Read

First Read wraps up your week, and summer (!), with news Amazon has acquired Elemental Technologies for $500 mln, WhatsApp now has 900 monthly active users and Jessica Alba’s Honest Co slapped with $5 mln lawsuit.

New England Patriots quarterback Tom Brady speaks at Salem State University in Salem, Massachusetts, May 7, 2015.  REUTERS/Charles Krupa/Pool ORG XMIT: BKS06

PE HUB Second Opinion

In Second Opinion, Apple, Google and other Silicon Valley tech giants are ordered to pay $415 million in a no-poaching talent case, the Kentucky clerk who blocked gay weddings is jailed for contempt and Tom Brady scores another touchdown: a judge overturns his “Deflategate” suspension but the NFL plan to appeal.


PE HUB First Read

First Read begins your morning with news that China has closed its stock market to commemorate a World War II anniversary, Sony Pictures settles data breach lawsuit with former workers and Happy Birthday to eBay: the online shopping and auction website turns 20 years old today.


PE HUB Second Opinion

In Second Opinion, EU regulators greenlight Shell’s $70 billion takeover of BG Group, model and reality TV celebrity Kylie Jenner launches anti-bullying campaign on Instagram and a divorce may reportedly be in the works for Disney and DreamWorks.

quitting (2)

CEO quits Apollo-backed Express Energy

Darron Anderson, the chief executive officer of oilfield services company Express Energy Services, which was acquired by Apollo Global Management last year, has resigned, a source said.


PE HUB First Read

First Read starts your morning with news that Citi has sold its Hungary consumer banking business to Erste Group, Xiaomi is considering introducing laptops to compete with Apple and great news for football fans: CBS will stream several NFL games for free this season–no TV subscription required.


PE HUB Second Opinion

In Second Opinion, Josh Miller leaves Facebook to become the White House’s first director of product, Google unveils a new logo and watch out, Netflix, Apple is reportedly exploring producing original programming.


Auto parts suppliers look for capital to grow and compete

The auto parts business has always been a capital-driven industry. Especially today, as suppliers are required to make big investments, with the push into new markets, the race to develop cutting-edge products and supply chains running close to capacity.

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