PE HUB First Read

Coinbase is in talks to raise up to $500 million at an $8 billion valuation.

Instagram is back up after a worldwide outage.

Google buys machine learning startup Onward.

Initialized Capital’s fourth fund raised $225 million.

David Ulevitch has joined Andreessen Horowitz as its new general partner.

Apple’s bagel emoji may upset lots of New Yorkers.

That French gangster who escaped from prison in a hijacked helicopter is captured.

J.C. Penney names Jill Soltau as CEO.

Tencent Music plans to go public on U.S. exchange.

The New York State Tax Department is reviewing fraud allegations involving Trump in New York Times article.

FBI probe on Kavanaugh won’t go public, says Senate Majority Leader Mitch McConnell.

Four people are charged with federal crimes in connection with 2017 Charlottesville rally.