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PE Hub First Read

First Read kicks off the week with news that four tech giants are investing in the housing crisis they helped create, Black Friday pulls in a record $7.4 billion in online sales, and Carlyle-backed Acosta Inc goes bankrupt.

Figure Technologies, the fintech from SoFi founder Mike Cagney, is raising money again.

Facebook unveiled a tool that lets users transfer their photos and videos directly to other services, like Google Photos.

On Cyber Monday, Sony wireless headphones are down to $40.

Acosta Inc, the marketing firm owned by Carlyle Group LP, has gone bankrupt.

Toxic fog may be poisoning California’s mountain lions.

Intel says in a court filing that it sold its smartphone modem chip business to Apple at a “a multi-billion dollar loss.”

Black Friday pulls in a record $7.4 billion in online sales, as many turn to mobile orders.

Amazon, Apple, Facebook and Google are investing in the affordable housing crisis they helped create.

Saudi Aramco IPO is oversubscribed so far but not by a big margin.

Eleven people were hurt in a New Orleans shooting.

Rosa Parks statue to be unveiled Sunday in downtown Montgomery.