PE HUB First Read

HSBC to cut about 50,000 jobs in major overhaul of global business

Cloudera taps Google VP as engineering head.

Former Paypal executive joins Bigcommerce as CEO.

Former Centrica boss to head $5 billion energy investment fund.

US tech industry urges Obama to keep hands off encryption.

Vincent Bugliosi, Charles Manson prosecutor and “Helter Skelter” author, dies at 80.

AOL acquires and shuts down predictive-analytics startup Velos.

Why a legendary investor is interested in a tiny Indian startup that cleans motorcycles.

Louisiana inmate, last of Angola 3, is ordered free after 43 years in solitary.

Kmart’s sales have fallen off a gigantic cliff.

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VSS tries to restructure all active funds.

Mid-market shops set aside 11 percent of equity pool for management teams: survey.

Moving to self-storage startups

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