PE HUB First Read

WhatsApp says it has one billion users every day.

Slack is raising $250 million led by SoftBank and Accel Partners.

Uber hopes to name a new CEO by September.

The publisher of iconic marijuana enthusiast magazine, “High Times,” plans to take the company public in the fall.

Walmart has cancelled all SNES classic edition preorders.

Facebook profit jumps 71 percent.

Meg Whitman is stepping down from the HP board but will remain CEO of HP Enterprise.

Warren Buffett’s Berkshire Hathaway Inc will walk away from its $9 billion acquisition of Oncor Electric Delivery Co if the deal is delayed.

The U.S. State Department warns tourists about tainted alcohol at Mexico resorts that could cause sickness and blacking out.

Trump now says he wants to tax the rich.

 

 

Photo: Mark Zuckerberg, founder of Facebook, arrives for a keynote speech during the Mobile World Congress in Barcelona, Spain February 22, 2016. Reuters/Albert Gea