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peHUB First Read

First Read ushers in your morning with news of Kraft Foods merging with Heinz, Lexmark is reportedly set to acquire Kofax for $1 billion and Uber and Ola are ordered to stop operating in New Delhi until they obtain taxi licenses.

fingerprints
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peHUB Second Opinion

In Second Opinion, Microsoft is building a new browser, why Foursquare failed to reach escape velocity and Chaos Computer Club says it can reproduce your fingerprints from a photo.

lizard
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peHUB Second Opinion

In Second Opinion, Christian Bale will play Steve Jobs in the movie written by Aaron Sorkin, while Uber is riding around and offering free flu shots. Plus, quotes from Marc Andreessen and Ron Conway on how to raise money.

Reddit grabs $50 mln

Social news website Reddit has raised $50 million in funding, a blog post on its site confirmed. Sam Altman led the round with participation from Alfred Lin of Sequoia Capital and Marc Andreessen of Andreessen Horowitz. Other investors in this round included Peter Thiel, Jared Leto and Snoop Dogg. To read the announcement, visit here.

ecigarette
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peHUB Second Opinion

In Second Opinion, Yahoo acquires Zofari, Apple releases its diversity stats and a study of venture outcomes reveals that nearly 65% of financings fail to return 1x capital. And, the new danger to smoking e-cigarettes.

summerhorse
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peHUB First Read

To end your week, First Read has news that a federal judge has ordered the IRS to explain under oath how it lost emails, Marc Andreessen’s summer reading list and sex workers are the secret entrepreneurs in Silicon Valley.

pot
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peHUB Second Opinion

In Second Opinion, Don Sterling vows he will never sell the L.A. Clippers, the first man to buy Marijuana legally in Washington says he was fired from his job and Marc Andreessen’s first six months on Twitter were epic.

thursday
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peHUB Second Opinion

In Second Opinion, Verizon sends cease and desist order to Netflix, report says Google Chrome is more popular than Internet Explorer and how to break into the yoga industry after you’ve been certified.

Horse Racing: 139th Preakness Stakes
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peHUB Second Opinion

In Second Opinion, YouTube is reportedly buying Twitch for $1 billion, the Winklevoss twins think Bitcoin could be bigger than Facebook and Marc Andreessen wants Twitter’s character limit to be increased to 300 – 400.

marathon

peHUB First Read

To start your week, First Read has the political evolution of Sean Parker, big mutual funds becoming venture capital investors and seven limits Congress should impose on a Comcast/Time Warner merger.

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Marc Andreessen on the Series A Crunch

The Series A crunch is real and will leave some startups high and dry without the venture capital to continue, says Marc Andreessen. However, from an investor’s perspective, he says the fallout is an interesting Darwinian experiment in big ideas that will give VCs the opportunity to see which companies make it.

A combination photo shows Reese Witherspoon and her husband James Toth after their arrest in Atlanta

peHUB Second Opinion 4.22

The hot new scheme to avoid corporate taxes, a foiled terror plot in Canada, the latest from Fred Wilson, Reese Witherspoon is super sorry, Anthony Weiner is tweeting again, and why you need to fact check press releases.

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