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peHUB First Read

First Read kicks off your morning with news of Hutchison set to reportedly buy O2 from Telefonica for $15.7 billion, Alibaba invests in Israeli venture firm JVP and Angelina Jolie reveals she had her ovaries and fallopian tubes removed.

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peHUB First Read

First Read ushers in your morning with news of Netanyahu defeating chief rival in Israeli elections, Alibaba scraps plans to invest in Snapdeal and Microsoft confirms Windows 10 will arrive this summer.

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peHUB First Read

First Read starts your week with news of Holcim’s board rejecting Lafarge merger terms, KKR, Varde and Deutsche acquire GE Capital’s consumer finance unit for $6.3 billion and Russia’s Vladmir Putin finally makes an appearance.

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Rakuten invests $300 mln in Lyft

Rakuten Inc. said Thursday it has agreed to buy an 11.9 percent stake in Lyft. Rakuten said it is investing $300 million as lead investor of Lyft’s $530 million series E investment round. Other investors of the E round were not disclosed. San Francisco-based Lyft, a car-sharing app, has received backing from Andreessen Horowitz, Mayfield, Founders Fund, Coatue Management, Third Point Management and Alibaba.

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peHUB First Read

First Read ushers in your morning with news of Alibaba investing $200 million in Snapchat, Lyft raises $530 million in Series E funding led by Rakuten and the world’s best airport is Singapore’s Changi Airport, according to the 2015 World Airport Awards.

Apps search engine Quxey nabs $60 mln

Mountain View, California-based Quixey, a search engine for apps, has secured $60 million in Series C1 funding, the company announced in a blog post on its site. Alibaba led the round with participation from other investors that included SoftBank, Goldman Sachs and GGV. To read the announcement, visit here.

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peHUB First Read

First Read helps close out another snowy week with news Apple Pay has been stung by low-tech fraudsters, Formation8 has been dropped from U.S. sexual assault lawsuit and Glenn Beck’s top execs quit to form digital media startup.

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peHUB First Read

First Read kicks off your morning with news of United Airlines accidentally selling first class tickets for as low as $44 and then refuses to honor them, Microsoft reportedly buys digital pen maker N-Trig and veteran CBS correspondent Bob Simon dies in a car crash in New York City.

Sam Smith poses with his awards during the 57th annual Grammy Awards in Los Angeles
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peHUB First Read

First Read groggily wakes you up with news Alibaba is investing $590 mln in smartphone maker Meizu, HSBC is said to have helped conceal $100 bln in Swiss accounts and Sam Smith triumphs at the Grammys, winning four top awards.

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peHUB First Read

First Read braces against the Tuesday chill with news Apple will invest $2 bln to create a command center, Google may be about to go to war against former BFF Uber and a former KPCB partner seeks $16 mln in discrimination lawsuit.

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Alibaba forms $129 mln fund to back young Hong Kong entrepreneurs

Ecommerce giant Alibaba has formed an HK$1 billion ($129 million) foundation to back young Hong Kong-based entrepreneurs. According to the company, the profits generated from these venture investments will be returned to the foundation for re-investment. The venture investment program is expected to launch in the second half of this year.

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peHUB First Read

Ahhh, Friday! First Read ends the week with news Jay-Z is buying two music streaming services for $56 mln, Uber passenger who claims driver rape in India is suing in the U.S. and Spotify seeks to raise $500 mln.

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peHUB First Read

First Read eases you into the mid-week with news of Yahoo’s $16 bln tax dodge, Apple’s Tim Cook survives another quarter and the bumpy saga of Sterling Investment Partners’ investment in Fairway Markets.

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peHUB Second Opinion

In Second Opinion, Avon is reportedly in deal talks with TPG, Google wants Firefox users to change their search engine and the number of female partners in VC has dropped by nearly half since 1999.

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peHUB First Read

First Read kicks off your Friday morning with news about Apple, Google, Intel and Adobe agreeing to pay $415 million to settle a no talent poaching lawsuit, Alibaba plans to help American businesses sell in China and the all-white acting Oscars nominations triggers a diversity backlash.

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