PE HUB Second Opinion

GM is buying autonomous-vehicle technology developer Cruise Automation for $1 billion. Cruise has raised about $20 million in venture capital.

Ford is looking for a tech executive to be the CEO of its new mobility company.

VC-backed grocery delivery startup Instacart cuts pay for couriers.

EU approves Teva’s $40.5 billion deal to buy the generic drug business of Allergan after the companies agreed to sell some operations in Europe.

Slack, a 2-year-old messaging platform, is raising $200 million at nearly a $4 billion valuation led by Thrive Capital.

Reuters has a story on the final days and deals of Aubrey McClendon.

Brazilian private equity firm Aqua Capital raises $188 million for its second fund, the NYT reports.

Insulin delivery device maker Valeritas withdraws $75 million IPO.

An arrest warrant is sought for Brazil’s ex-president Lula da Silva as his protégé Dilma Rousseff is in trouble.

Caitlyn Jenner is the new face of H&M Sport.

Steve Wozniak thinks the Amazon Echo is “the next big platform for the near future.”

New Jersey Transit workers may walk out on Sunday. Here’s a survival guide.

Photo of Hoboken train station courtesy of Shutterstock