peHUB First Read

Spotify seeks to raise $500 million; move could delay an IPO.

Shake Shack prices IPO at $21, above expectations. Deal values restaurant chain at about $745.5 million.

Delhi Uber passenger who alleges driver rape sues in U.S.

Alibaba has no interest in buying Yahoo’s “SpinCo” stake.

Jay-Z takes on Beats and Spotify with acquisition of music-streaming services Tidal and WiMP for $56 million.

Ice climber scales frozen Niagara Falls.

2015 U.S. measles’ outbreak is already at 84 cases, more than in a typical year.

Feds take town revenge porn king.

Obama seeks $215 million for precision medicine.

After 30 years, Eddie Murphy returns to SNL to celebrate 40th anniversary.

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Breaking: New Jersey goes big with Blackstone

Wealthy individuals pile into Blackstone’s new retail effort

Data spotlight: VC fervor spreads beyond Silicon Valley, except to New York

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