peHUB First Read

First Read kicks off your morning with news of Apple and Beats developing streaming music service to rival Spotify, Schlumberger oill unit to plead guilty for violating Iran sanctions and a Germanwings pilot was reportedly locked out of the cockpit before the plane crashed in the Alps.


peHUB First Read

Ahhh, Friday! First Read ends the week with news Jay-Z is buying two music streaming services for $56 mln, Uber passenger who claims driver rape in India is suing in the U.S. and Spotify seeks to raise $500 mln.


peHUB First Read

First Read brings you into the week’s homestretch with news McDonald’s CEO has stepped down, Facebook earnings climb on mobile growth but expenses are up 87% and the future of wearables isn’t the connected watch.

Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago

peHUB Second Opinion

In Second Opinion, Spotify says it has 60 million users of whom 15 million pay for the service, LuluLemon looks like its succeeding in its turnaround and Bill Gross confirms that PIMCO fired him.


peHUB First Read

First Read kicks off your hump day with Russia heading into a recession, IBM inks $1.25 billion WPP cloud deal and Spotify says Ed Sheeran was the most streamed artist of the year.

US President Obama approaches National Thanksgiving Turkey Cheese at White House in Washington

peHUB Second Opinion

In Second Opinion, Uber is close to raising a financing round that values it at $35 bln to $40 bln, Carly Fiorina explores a 2016 presidential run and Spotify’s revenue in 2013 was close to $1 billion. Happy Thanksgiving, everybody!


peHUB First Read

First Read rings in your Friday with news about Home Depot hackers stealing 35 million e-mail addresses, a Texas man is charged in a bitcoin Ponzi scheme and women in tech are sabotaging themselves in salary negotiations.

golden gate

peHUB Second Opinion

In Second Opinion, Ben & Jerry’s won’t rename its “Hazed & Confused” ice cream, Microsoft CEO Satya Nadella claims that men and women are paid equally at his company and Apple has sold a lot of iPhones.


peHUB Second Opinion

In second opinion, the IRS says Bitcoin isn’t a currency, is there a bubble in the IPO market, JPMorgan’s loss of Mike Cavanagh to the Carlyle Group represents succession of all sorts and U.S. college students only have to pay $4.99 for Spotify now.

Spotify Investor Northzone Puts $3M In Soundrop

Spotify investor Northzone has put $3 million into the social music service Soundrop. As part of the investment, Northzone’s Torleif Ahlsand will join Soundrop’s board. Soundrop pioneered the concept of “listening hangouts” on Spotify where in May users held more than 3.3 million listening sessions and created more than 7000 rooms, according to a press […]

Spotify Up to 250,000 Paying U.S. Users

(Reuters) – Spotify, the European music streaming service backed by digital entrepreneur Sean Parker, has more than 250,000 paying users in the United States since it opened up shop in July, according to three people familiar with its data. The London-based company, which suffered significant losses in 2010 as it expanded to new markets, has […]

After F8, a Dot-Com Boom Scaled Party

(Reuters) – When somebody who has been played by Justin Timberlake in a Hollywood movie decides to throw a party, the expectations are pretty high. And Sean Parker, the man behind free music-sharing service Napster and an early Facebook advisor, clearly likes to give people what they want. Parker, who is an investor in the […]

Top 10 Slideshows This Week Focus On Fund Returns, PR Disasters, Textbook Deals

Want to catch up on the slideshows that your peers found most interesting on peHUB this week? Here are the top 10 slideshows that garnered the most pageviews from regular readers from Aug. 1 to Aug. 5. They focused on how the biggest VC-backed IPOs fared in the market wipeout on Thursday, VC performance numbers from CalPERS, a review of the year’s biggest PR disasters, and the proliferating number of bank spin-outs in the market seeking money.

1. How This Year’s Ten Biggest VC-Backed IPOs Fared In The Market Plunge by Lawrence Aragon
2. CalPERS’s 2008 Banner Year For VC: Top Commitments And Current IRRs by Mark Boslet
3. CalPERS’s Mid-Decade Enthusiasm: More Funds, Greater Diversification In 2007 by Mark Boslet
4. If You Thought Airbnb’s PR Crisis Was Bad… by Connie Loizos
5. Spinning Their Way To New Investors by Jon Marino
6. Idaho Public Employee Retirement System Top Performing Funds by David M. Toll
7. Spotify And Other Top European Deals in 2011 by Alastair Goldfisher (subscribers only)
8. Textbook Startups Raise Big VC Rounds by Joanna Glasner
9. VCs Tackle Baldness, Love Handles, And Assorted Blemishes With Big Bucks by Joanna Glasner
10. Who’s Getting Rich Off of the Dunkin’ IPO? Here Are the Top Shareholders, by Luisa Beltran (subscribers only)

Mobile Is Going Viral. So Why Are Sequoia And Kleiner Crowing?

Mobile is finally coming into its own. Mobile startups are reaching scale, with revenue of sometimes $100 million or more. Facebook and Zynga, once tethered to the wired Internet, are seeing massive mobile traffic. And Internet radio service Pandora Media now gets more users from mobile devices than desktop computers, a reversal of the past […]

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