peHUB First Read

Inaccurate: Yahoo denies report that it plans to cut 20% of staff. All Things Digital says cuts are more like 10% and limited to product group. Deals: Amazon's acquisitions make sense since its stock is trading so high, says Jeff Bailey. Seeking an Exit: Blackstone UK exec calls on buyout industry to go to war to convinces investors that PE-backed IPOs aren't complete busts. FB's Monday Event: Facebook's secret Project Titan, which is supposed to kill Gmail, is expected to be unveiled during Facebook's special event Monday. Selling Shares: Yuri Milner says his investments give companies an alternative to selling shares to the public.