* Peter Kafka: Pandora’s Living Social problem
* Bryce Roberts: The coming privacy panic
* Mark Mobius: The problem with the misuse of derivatives
* Morning Call: U.S. futures point lower, London opens soft, European shares fall on French banks and the Nikkei edges higher.
* Jonathan Knee on Netflix: Why content isn’t king
* Trendline: Small business optimism dips in May
* Ari Levy: Groupon chairman Ted Leonsis may have a conflict of interest
* David Pakman: Huge investment opportunities in social data targeting
* Rosabeth Moss Kanter: 5 tough questions every entrepreneur must ask about growth
* Facebook hires a former White House press sec. No, not Robert Gibbs.
* Not so bright? Color has already lost a co-founder
* Daniel Roberts finds a mistake in Too Big To Fail
* Sign up for our daily email newsletter at www.GetTermSheet.com
* Bethany McLean: It will be hard to prove Goldman conned the government. But we know it conned its clients.
* Lead of the Day, from WSJ’s Dana Mattioli: “Scotts Miracle-Gro Co. has long sold weed killer. Now, it’s hoping to help people grow killer weed.”
* Tweet of the Day: @DeathStarPR: Natalie Portman had a son. In unrelated news, everyone here on the Death Star is suddenly looking a little nervous.
