PE HUB First Read

Ola, Uber’s chief rival in India, has raised $1.1 billion led by Tencent.

Uber is facing at least five U.S. probes, that’s two more than previously reported.

Google Home Mini needs a software patch to stop it from recording everything.

Alibaba will invest more than $15 billion into a global research and development initiative called Alibaba DAMO Academy.

Qualcomm reportedly offers to buy NXP Semiconductors minus some patents to allay European Union concerns.

Muhammad Ali Enterprises sues Fox for $30 million after the network allegedly used the late boxer’s likeness without permission.

A Wall Street Journal reporter is sentenced to prison by a Turkish court.

Snapchat is building a secluded R&D lab in Lehi, Utah.

A Da Vinci portrait of Christ is expected to fetch $100 million at an auction.

 

 

Photo: A Qualcomm sign is pictured at one of its many campus buildings in San Diego, California, U.S. April 18, 2017. Reuters/Mike Blake