PE HUB First Read

This year will see the highest number of  first-time venture capital funds formed in more than a decade, according to a study.

Aflac has turned to KKR to diversify its $120 billion portfolio.

German carmakers Daimler and BMW may be in talks to combine their car-sharing services Car2Go and DriveNow.

Kasatka, matriarch of SeaWorld’s orca family, has died.

Apple and PayPal are disabling payment support for websites selling white nationalist and Nazi apparel.

To make it Hollywood-ready, Apple is setting aside a $1 billion budget to procure and develop original content.

High-speed trading firm DRW agrees to buy RGM Advisors.

There’s a $430 million Powerball prize up for grabs.

Johnson & Johnson’s first California talc-powder trial is headed to the jury.

Extreme right groups turn to “shadow economy.”

 

 

 

Photo: A woman fills out a ticket for the $700 million Powerball lottery draw at Times Square in the Manhattan borough of New York, January 7, 2016.  Reuters/Shannon Stapleton