peHUB First Read

* Meredith Whitney predicts more Wall Street layoffs. * European shares rebound, while stocks and U.S. index futures rise. * Oracle to pay Mark Hurd $950,000 a year with a $5 million target bonus for 2011. * Profiler of Sarah Palin admits error in Vanity Fair article. * The former co-head of Lehman Brother's real estate investment arm, Raymond Mikulich, is joining Apollo Global Management. * Amazon buys Amie Street but not in a good way. * Justin Bieber has dedicated servers at Twitter. Seriously. * Two-thirds of web surfers fall prey to online crime.