PE HUB First Read

Not unicorns. The majority of the top performing IPOs of the last 4 years went public at a valuation less than $1 billion.

Nintendo is shutting down its Miitomo, its first smartphone game, after just two years.

Alphabet unveiled a business unit, Chronicle, that sells cyber security software to Fortune 500 companies.

Anthony Noto, Twitter’s former COO, always aimed to be a CEO.

Samsung confirms that the Galaxy S9 will be all about camera improvements.

Burger King released an ad that trolls the decision to repeal net neutrality.

Alex Azar is confirmed as health and human services secretary.

“Fire and Fire” book sales reach 1.7 million copies, says publisher.

RPX Corp, a provider of patent management services, is exploring putting itself on the block.

Facebook just hired a former White House official as its first head of cybersecurity policy.

YouTube invests $5 million in more “positive” video content.
Photo: Copies of the book “Fire and Fury: Inside the Trump White House” by author Michael Wolff are seen at the Book Culture book store in New York, U.S. January 5, 2018. Reuters/Shannon Stapleton