peHUB First Read

* Senator Kudlow? * Top 100 entrepreneurs who succeeded without a college degree * Emerging market M&A now constitutes a larger percentage of global deal activity than either the U.S. or Europe. * Bill Gates on seeing the iPhone: "Oh my God, Microsoft didn’t aim high enough." * Morning Call: U.S. futures point higher, London rises early, European shares jump, the Nikkei gains 0.3% and both China and Hong Kong shares climb. * Greg Beato: Starbucks' midlife crisis * Om Malik pens a preemptive obituary for MySpace. * David Vellante: Is Web 2.0 sucking money away from more critical innovations? * Jay Kaeppel: Keep an eye on tech stocks when forecasting broader public market performance. If tech struggles, look out below...