peHUB First Read

* Winners and losers from a firmer yuan * Henry Blodget: The odds are increasing that Microsoft could collapse * Brent Stinski: How Yahoo shut down my business, and how it could happen to you * Morning Call: U.S. futures point lower, London falls early, European shares extend losses and the Nikkei slips. * The man behind Silly Bandz * Drake Bennett: The science of vacations * Fred Wilson: IPOs just aren't what they used to be * Devin Coldewey: E-readers race to the bottom, as tablet market solidifies * Cory Doctorow: What New York's publishing industry can learn from Silicon Valley