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PE HUB Second Opinion

Goldman Sachs is raising money to buy stakes in private equity firms, in an effort to expand its offerings to wealthy clients.

LA-based VC March Capital Partners says it has raised $240 million from 50 wealthy investors for its first fund, which will invest in tech startups.

Toyota Financial Services Corporation and Mirai Creation Investment Limited Partnership are investing in Uber, as part of a collaboration agreement between the automaker and the ridesharing company.

Meanwhile Volkswagon is investing $300 million in European cab-hailing startup Gett.

Monsanto said no to Bayer’s $62 billion takeover offer, apparently holding out for more money.

Twitter announced a number of changes intended to improve user experience by allowing more content in individual tweets.

Gawker founder Nick Denton suspects that multiple lawsuits against his company, including Hulk Hogan’s, are being funded by a shadowy billionaire with a grudge, perhaps one “linked to Silicon Valley”.

House Republicans are seeking to impeach the head of the IRS, resurrecting 2013’s controversy over audits of conservative nonprofits.

The death toll from last week’s flooding and landslides in Sri Lanka crossed 100.

Photo: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. REUTERS/Brendan McDermid