PE HUB First Read

Venezuela says it will pre-sell “petro” cryptocurrency on Feb. 20.

eBay says it will stop using PayPal for its backend payments service by 2020.

A dog in Western Michigan was approved for unemployment benefits.

San Francisco is dismissing thousands of marijuana convictions.

Japan’s Fujifilm is set to take over Xerox in a $6.1 billion deal.

Facebook smashes earnings, but stock tumbles after hours.

Microsoft takes $13.8 billion charge from tax bill.

Sears lays off roughly 220 corporate workers “effective immediately.”

Supermedium launches its virtual reality web browser backed by Y Combinator.



Photo: Facebook CEO Mark Zuckerberg is seen on stage during a town hall with Indian Prime Minister Narendra Modi at Facebook’s headquarters in Menlo Park, California September 27, 2015. Reuters/Stephen Lam