First Read

First Read ushers in the morning with news that New York State has ordered fantasy sports sites DraftKings and FanDuel to stop taking bets, Social Capital's Chamath Palihapitiya is raising billions to take on AT&T and Verizon with startup Rama and China's "Cyber Monday" smashes records.

First Read starts your morning with news that China cracks down on internet music sites, Yahoo hires McKinsey & Co to help reorganize the company while CEO Marissa Mayer demands executives pledge to stay for several years and a Modigliani painting nets $170.4 million at an auction.

First Read kicks off the week with news General Electic will sell its Australian commercial lending business to Bain Capital's Sankaty Advisors, World Bank says climate change could impoverish millions and Snapchat now gets over six billion views a day.

First Read ends the week with news AstraZeneca plans to acquire ZS Pharma for $2.7 bln, TinyOwl's founder gets into a lot of trouble in India courtesy of laid-off employees and Toyota will be investing $1 bln into artificial intelligence.

First Read begins the morning with news Expedia plans on acquiring Airbnb rival HomeAway for $3.9 bln, Facebook revenue surges 41 percent and NASA's next astronaut class could be the first going to Mars.

First Read enters the midweek with news BlackRock will buy Bank of America's $87 bln money-market fund business, Sprint is about to trim thousands of jobs and San Francisco votes against a measure that would crack down on Airbnb.

First Read starts the morning with news Activision Blizzard will buy Candy Crush maker King Digital for about $5.9 bln, Standard Chartered plans on cutting 15,000 jobs by 2018 and Amazon plans to open a brick and mortar bookstore in Seattle.

First Read kicks off the week with news Visa agreed to acquire Visa Europe for $23.4 bln, EMC may float Pivotal in IPO next year and 1986 forever.

First Read ends your week with news Twitter vet Jessica Verrilli returns to fill M&A role, China wants to double its economy by 2020 and Senate greenlights two-year budget deal that prevents default on debt.

First Read starts your morning with news that China is ending its three decade one-child policy, Pfizer is reported to be in merger talks with Allergan and Deutsche Bank plans on downsizing 35,000 jobs, while also settling a sanctions violation case for at least $200 million.