peHUB First Read

Yahoo to spin off its stake in Alibaba in a legal tax dodge.

Apple posts record quarter earnings.Profit hits $18 billion, lifted by sales of bigger-screen phones.

And speaking of Apple, CEO Tim Cook says, “2015 will be the year of Apple Pay.”

Fairway Markets, acquired by Sterling Investment Partners in 2007, must find its way.

NY Assembly Speaker Sheldon Silver to leave post Monday.

Europe gets a cybersecurity incubator.

Even pot investors are wary of companies that farm marijuana—but that’s changing.

Obama drops proposal to tax 529 college savings plans.

France seeks to sanction web companies for posts pushing terror.

Why the snow forecast for New York City was so bad, and what should be done.

Who you gonna call? An all-female “Ghostbusters” cast for reboot is chosen.

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Lexington tops $7 bln for eighth flagship fund.

Siris Capital blows past hard cap.

Year in review: Kleiner Perkins tops the list of most active VCs in 2014.

Photo courtesy of Reuters.