Carl Icahn, founder of Icahn & Co., speaks at the Wharton Economic Summit in New York in this February 1, 2006, file photo. Billionaire investor Icahn has secured one out of four board seats he sought at drugmaker Forest Laboratories Inc in a bitter proxy fight, according to an early tally of shareholder votes at the company's annual meeting on August 15, 2012. REUTERS/Chip East/Files (UNITED STATES - Tags: BUSINESS)
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PE HUB First Read

First Read ends the week with news China Huarong Asset Management gets the greenlight for $3 bln IPO, Facebook hits new milestone: 1 bln people used the social network on a single day and Donald Trump says most dealmakers are miserable but Carl Icahn is nice.

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Singapore online grocer RedMart rings up $26.7 mln

Singapore-based RedMart, an online grocer and marketplace, has secured $26.7 million in funding. The investors included Garena, SoftBank Ventures Korea, Visionnaire Ventures, Facebook co-founder Eduardo Saverin and Far East Ventures. Also, RedMart has appointed Colin Bryar, a former vice president at Amazon, as chief operating officer.

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PE HUB Second Opinion

In Second Opinion, Square has reportedly filed confidentially for an IPO, WWE sacks Hulk Hogan and watch out, Gmail messages can now self-destruct.

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PE HUB First Read

First Read starts your day with news that Toshiba’s CEO has resigned over the company’s accounting scandal, KKR’s First Data has filed for an IPO and NFL revenue soars to $12 billion last season, a 14.3 percent increase from the previous year.

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PE HUB First Read

First Read ends the week with news the NYSE says outage was caused by a software update, Facebook is seeking more music video licensing deals and hack of government computers far worse than first thought.

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PE HUB Second Opinion

In Second Opinion, Facebook is planning on building a $500 million data center in Texas, police raid the home of Subway pitchman Jared Fogle and Horizon Pharma makes a hostile $2.1 billion bid for Depomed.

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PE HUB Second Opinion

In Second Opinion, Amag Pharma plans on buying the world’s largest stem cell bank for $700 million, Greece veers toward defaulting on $1.73 billion IMF payment and NBC Universal tells Donald Trump that he’s fired.

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Airtable pulls in $7.6 mln

Database provider Airtable has secured $7.6 million in funding, the company announced in a blog post on its site. CRV led the round with participation from Caffeinated Capital, Crunchfund, Data Collective, Founder Collective and Freestyle Capital. Other investors included Brennan O’Donnell, vice president of sales and customer success at SurveyMonkey; Ilya Sukhar, founder of Parse and director of product management at Facebook; Othman Laraki, co-founder of Color Genommics; and Joshua Reeves, CEO and co-founder of ZenPayroll. In addition to the funding, Francis Larkin has been named vice president of growth.

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PE HUB First Read

First Read ends the week with news that a Dutch court rules that Facebook must turn over user data in a sex video case, China stocks suffer biggest one-day loss in five months and J.K. Rowling says a “Harry Potter” play will open in London next year.

Tech in Asia picks up $4 mln

Tech in Asia, an online platform for Asia startups, has secured $4 million in funding. The investors included SB ISAT Fund, Eduardo Saverin, co-founder of Facebook, Walden International, Marvelstone, m&s Partners, East Ventures, Fenox Venture Capital and Simile Venture Partners.

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PE HUB Second Opinion

In Second Opinion, CVS is acquiring Target’s pharmacies for $2 billion, Goldman Sachs will be moving into online consumer lending and Jeb Bush announces he’s running for president.

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peHUB First Read

First Read kicks off your morning with news that Altice is acquiring Suddenlink, Los Angeles raises its minimum wage to $15 and David Letterman prepares to sign off, serving as the longest late night talk show host in television history.

Emergency responders search for passengers following an Amtrak train derailment in the Frankfort section of  Philadelphia, Pennsylvania, May 12, 2015. REUTERS/Bryan Woolston
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peHUB First Read

First Read kicks off your morning with news that an Amtrak train derailed in Philadelphia, killing at least 5, Patriot Coal files for chapter 11 bankruptcy again and Cablevision will reportedly drop its $1 bid for the New York Daily News.

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peHUB Second Opinion

In Second Opinion, online dating company Zoosk pulls the plug on its planned IPO, the unemployment rate drops to 5.4 percent and believe it or not, 2.1 million people still use AOL dial-up.

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