PE HUB First Read

Australia’s QIC buys U.S. shopping center for $750 million.

The Intercept says reporter falsified quotations.

Amazon plans hundreds of brick-and-mortar bookstores, according to a mall CEO.

Microsoft confirms SwiftKey acquisition for $250 million in cash.

India has overtaken the U.S. to become the world’s second-largest smartphone market.

Bernie Madoff’s luxury watches are up for auction.

North Korea plans long-range rocket launch in defiance of warnings.

Ford’s Europe unit asks employees to quit to boost profit margin.

Low-income Americans face internet access that is slow and at risk of disruption.

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Panorama Point seeks $200 mln for Fund II.

Florida ends year committing more than $900 mln.

Fund performance: UTIMCO steers course on emerging funds strategy.

Photo of someone holding an auction paddle courtesy of Shutterstock.