PE HUB First Read

How lidar company Quanergy failed to deliver after raising $160 million.

Aretha Franklin is in hospice care.

Andreessen Horowitz is launching a new fund to boost diversity in tech.

Elon Musk says he’s working with Silver Lake, Goldman Sachs in a Tesla take-private

The GoFundMe page for fire FBI agent Peter Strzok raises $130,000 in 10 hours.

Tencent spinoff China Literature is buying New Classics Media for $2.2 billion.

Activist hedge fund Elliott Management is reportedly pushing for an outright sale of Nielsen.

An independent music labels group Impala is urging the EU to block Sony Corp’s bid to become the world’s largest music publisher with its $2.3 billion bid for EMI.

Americans are spending like crazy. Can the good times last?

Starting in September, a new French law will ban students, ranging from ages 3 to 15, from using smartphones anywhere in school.