PE HUB First Read

On Equal Pay Day, Facebook and Microsoft both said they pay men and women virtually the same. But both Facebook and Microsoft have far fewer women in leadership roles than men.

E.W. Scripps has acquired Cracked from Demand Media for $39 mln.

Portfolio Advisors closed its eighth PE fund of funds, the $1.22 billion Portfolio Advisors Private Equity Fund VIII, above its $900 million target.

Billionaire Sean Parker is backing an unconventional $250 million consortium of more than 300 scientists to fight cancer.

Datera comes out of stealth and announces $40 million in funding from Khosla Ventures, Samsung Ventures and Silicon Valley luminaries Andy Bechtolsheim and Pradeep Sindhu.

Facebook unveiled plans to get people to connect with bots via the messaging platform with over 900 million users.

American Apparel is laying off hundreds of workers.

Wow. Ben Affleck has been confirmed for a standalone Batman movie.

Photo of Ben Affleck arrivinh for the European Premiere of “Batman V Superman: Dawn of Justice” in Leicester Square in London, Britain, March 22, 2016. REUTERS/Luke MacGregor