PE HUB First Read

Eight of the world’s richest men own about the same amount of wealth as the poorest half of the population, a new report said.

Donald Trump will keep using his @realDonaldTrump Twitter account.

Facebook is rolling out a fake news filter in Germany.

Global unemployment is set to hit 200 million as wages stagnate.

Canadian financial services group Desjardins is selling Western Financial, an insurance brokerage unit in Western Canada six years after buying the business.

Microsoft acquires artificial intelligence startup Maluuba.

Android creator Andy Rubin is jumping back into the smartphone business.

Steve Cohen’s Point72 Asset Management returned a measly 1 percent in 2016, the second-worst annual performance ever for the billionaire investor.

 

Photo: Flowers lie on the plaque that lays at Lorraine Motel, now part of the National Civil Rights Museum, where Rev. Dr. Martin Luther King Jr. was assassinated in 1968 in Memphis, April 4, 2008. . Reuters/Mike Segar