PE HUB First Read

Facebook has hired a top Google executive to lead its research lab.

Yuri Milner is teaming up with Stephen Hawking and Mark Zuckerberg and investing $100 million to design a fleet of postage-stamp-sized space probes and launch them in the direction of Alpha Centauri.

Donald Trump’s campaign manager will not be prosecuted for battery.

That’s it for Kobe Bryant with the Lakers. He scores 60 points during his final game.

Twitter generates 1.5 percent of traffic for typical news organizations.

Google has poached a member of Apple’s elite design group. Daniel Coster, a New Zealander, will be GoPro’s vice president of design.

Poshmark has raised $25 million in a round led by GGV Capital.

Macquarie lays off 15 percent of U.S. investment banking group

Photo of Los Angeles Lakers’ Kobe Bryant celebrating after his teammate Dwight Howard scored while being fouled on an assist from Bryant during the first quarter of their NBA basketball game against the Dallas Mavericks in Los Angeles April 2, 2013. REUTERS/Danny Moloshok