PE HUB First Read

No, Facebook didn’t shut down an AI program that was getting dangerously smart.

Facebook has acquired Ozlo, a Palo Alto-based artificial intelligence startup.

Spotify users have ballooned to 60 million.

Kleiner Perkins Caufield & Byers has shut its seed investing program.

U.S. freezes assets of Venezuelan President Nicolas Maduro.

Uber plans to issue its own credit card with Barclays.

Pandora sort of bounces back after months of chaos.

Despite a lack of interest from Charter Communications management, SoftBank is continuing to pursue acquiring the giant cable company.

Tropical Storm Emily hits Florida’s West coast.



Photo: Pedestrians walk past logos of SoftBank Corp in front of its branch in Tokyo May 11, 2015. Reuters/Toru Hanai