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PE HUB Second Opinion

In Second Opinion, U.S. stocks leap to triple digits as China’s market finally stabilizes, a German regulator says that Facebook cannot prevent users from using fake names and Jonathan Pollard, who was convicted in the U.S. 30 years ago as a spy for Israel, will be released on parole this November.

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PE HUB Second Opinion

In Second Opinion, BP agrees to make a $18.7 billion settlement for the 2010 Deepwater Horizon oil spill, unemployment falls to its lowest levels in seven years and “Sesame Street” fans say goodbye to Maria. Actress Sonia Manzano, who has been playing her on the show for 44 years, is retiring.

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PE HUB Second Opinion

In Second Opinion, Cisco will be investing $10 bln in China, Intel acquires Google Glass rival Recon Instruments and the FCC slaps AT&T with a $100 mln fine for slowing down its “unlimited” data.

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peHUB First Read

First Read starts your week with news that GE launches sale of commercial lending operations valued at $40 billion, Microsoft’s Window 10 is set to be released on July 29 and “San Andreas” opens big at the box office with $53.2 million.

Debate moderator Bob Schieffer talks to the audience before the start of the final U.S. presidential debate between Republican presidential nominee Mitt Romney and President Barack Obama in Boca Raton, Florida, October 22, 2012. REUTERS/Jason Reed (UNITED STATES  - Tags: POLITICS ELECTIONS USA PRESIDENTIAL ELECTION)   - RTR39G5V
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peHUB First Read

First Read closes out your week with news Intel is close to acquiring Altera for $15 bln, Bob Schieffer prepares to sign off as anchor of “Face the Nation” and ex-Lehman CEO Dick Fuld says at least his mother still loves him.

T-Venture exits Lantiq

T-Venture, the venture capital company at Deutsche Telekom, has sold its stake in Lantiq. Financial terms were not announced. In February, Intel said it agreed to buy Lantiq, Reuters News reported. Munich-based Lantiq is a chip manufacturer.

Cloud security automation company HyTrust picks up $33 mln

Mountain View, California-based cloud security automation company HyTrust Inc has raised $33 million in funding. Accelerate-IT Ventures led the round with participation from other investors that included Vanedge Capital, Epic Ventures, Granite Ventures, Trident Capital, Cisco, Fortinet, Intel Corp and VMware. In addition to the funding, HyTrust has added Brian Nugent, a general partner at AITV, to its board of directors while AITV co-founder and General Partner Bill Malloy III, and Moe Kermani, a partner at Vanedge Capital, have been named as board observers.

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peHUB Second Opinion

In Second Opinion, Bank of New York is preparing to pay $700 million to resolve currency lawsuits, cruise lines cancel Tunisia as a stop in wake of terrorist attack and watch out, Apple, Google, Intel and TAG Heuer are teaming up to create a luxury smartwatch.

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peHUB Second Opinion

In Second Opinion, Kleiner Perkins portrays Ellen Pao as combative and resentful in gender discrimination trial, police seize $10 million worth of marijuana hidden in frozen avocados and look out, “Star Wars: Episode VIII” is coming in May 2017.

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peHUB First Read

First Read kicks off your morning with news of AbbVie to acquire Pharmacyclics for $21 billion, Etsy files for an IPO and Hillary Clinton asks the State Department to release her e-mails.

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peHUB First Read

First Read kicks off your week with news Intel is buying internet of things chip unit Lantiq from Golden Gate Capital, The Pirate Bay is back online and the New England Patriots are champs after the worst call in Super Bowl history.

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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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peHUB First Read

First Read moves through the deep freeze this hump day with news the SEC is probing private equity for alleged bribes to foreign officials, Monster sues Apple unit Beats over alleged fraud and WhatsApp hits 700 million users.

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peHUB First Read

First Read huddles against the deep freeze with news Facebook is buying voice-recognition startup Wit.ai, the Dow plunges 331 points as oil prices continue to fall and a hedge fund founder’s son has been arrested for allegedly shooting him to death.

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Intel makes minority investment in Vuzix

Intel said it has made a minority investment in public held smart glass maker Vuzix Corp., according to a press release. The chipmaker said it invested $24.8 million for 49,626 shares of the company’s Series A Preferred Stock, which are convertible into 4,962,600 shares of common stock at $5.00 per share. The Series A Preferred Stock represents about 30 percent of outstanding shares.

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