Home First Read

First Read

Wells Fargo
First Read kicks off the week with news that Lyft is launching a self-driving unit, Wells Fargo is ordered to rehire a whistleblower and pay $577,500 in back wages, and Grab raises $2.5 billion.
Microsoft logo
The Treasury Department fines Exxon $2 mln over Russia sanctions breaches, O.J. Simpson gets paroled after more than eight years and Trump may name Scaramucci White House communications director.
Jordan Co, private equity
First Read starts the day with news that Univision is fielding takeover interest amid delayed IPO, Apple, Google and Microsoft hoard $464 bln in cash and Intel axes wearables unit.
Ed Sheeran
First Read starts the day with news that IBM posts declining revenue for the 21st consecutive quarter, Ed Sheeran temporarily bolts from Twitter after his cameo appearance on "Game of Thrones" gets mixed reviews and EnerVest in talks to salvage two struggling funds.
Netflix
First Read starts the day with news that Netflix stock surges thanks to strong subscriber growth, the U.S. will offer more visas to temporary seasonal workers, and Google Fiber is losing its CEO after five months.
Uber, venture capital
First Read kicks off the week with news that Uber backers are mulling selling their shares to Softbank, AT&T will run its wireless and media units separate from the Time Warner assets it acquired, and Amazon.com is working on a messaging app called Anytime.com.
DraftKings
First Read ends the week with news DraftKings and FanDuel will no longer merge, Vanguard's CEO is stepping down and Bitcoin rocked by a civil war.
Snap IPO
First Read starts the day with news that Snap stock dips below its IPO price, American't can't seem to retire says new poll, and Apple's next iPhone could cost $1200 or more.
private equity, venture capital
First Read begins the week with news that Ashton Kutcher plans on hosting an open dialogue on gender equality in the tech world, multiple private equity firms are reportedly contemplating bids for Arqiva Group, and a study finds that having a purpose in life leads to better sleep.
Qualcomm
First Read closes the week with news that QVC is buying rival HSN for more than $2 bln, Qualcomm steps up its battle with Apple and Jawbone is going out of business.
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination