PE HUB First Read

Qualcomm may give up its push to develop processors for data-center servers.

Waymo is launching a self-driving car hailing service in Phoenix later this year.

HR Recruit Holdings is buying Glassdoor for $1.2 billion.

“Black Panther” helps Disney revenue soar 21 percent.

Softbank confirms it is selling its stake in Flipkart to Walmart.

“Deodorant Challenge” leaves a teenager with second degree burns.

Real-estate investor Ashkenazy Acquisition Corp. and its partner Saudi Prince al-Waleed bin Talal, minority owners of New York’s Plaza Hotel, have agreed to buy full ownership in a deal that values the property at $600 million.

TPG Capital is near an agreement to acquire a minority stake in Anastasia Beverly Hills, valuing the U.S. cosmetics company at close to $3 billion.

Facebook shakes up its execs and adds new blockchain group.

Gamalon scores $20 million in a round led by Intel Capital.

Job openings in the United States just hit a record.



Photo: Former Beverly Hills ambassador Gregg Donovan walks on Rodeo Drive. Reuters