Pre-Marketing: Private equity thinks locally

* Google’s M&A strategy: Failure is a feature

* Private equity lobby: How PE affects your state

* Morning Call: U.S. Futures point lower, European shares fall and the Nikkei slips.

* Candace Choi: Secrets of the value menu

* Success: Public safety network’s trial run

* Starboard target? Office Depot in the crosshairs

* Mahendra Ramsinghani: How to get $20 pre-money

* Richard McGregor: The ‘big data’ push to keep Obama in power

* Awkward: Bill Gates comments hit home at Kleiner Perkins event

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* Backgrounder: Romney tape came from fundraiser at home of private equity exec Marc Leder

* Tweet of the Day: @jbarro This speech is fatal to Romney because the summary, to be repeated over and over, is “Mitt Romney thinks half of America is losers.”