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.... When the CEO of Uber, Travis Kalanick, had to choose an avatar for his Twitter account in 2015, he opted for the cover of The Fountainhead. Peter Thiel, Facebook’s first major investor and a rare example of a man who straddles both Silicon Valley and Trumpworld, is a Randian. ... [Read full article on Guardian ]
Monday 10th of April 2017 05:49:09 PM
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Latest Finance News related to Peter Thiel

The new age of Ayn Rand: how she won over Trump and Silicon Valley image
Source : Guardian [Read Article] Monday 10th of April 2017 05:49:09 PM
.... When the CEO of Uber, Travis Kalanick, had to choose an avatar for his Twitter account in 2015, he opted for the cover of The Fountainhead. Peter Thiel, Facebook’s first major investor and a rare example of a man who straddles both Silicon Valley and Trumpworld, is a Randian. ...
'Call me': Donald Trump woos tech leaders at New York meeting image
Source : Guardian [Read Article] Wednesday 14th of December 2016 09:22:39 PM
....Trump had clashed with tech leaders before his election, suggesting he would start a monopoly investigation into Amazon, whose founder, Jeff Bezos, was in attendance, and calling for a boycott of Apple after the tech company declined to break into the iPhone of one of the San Bernardino killers. But in a conference room in Trump Tower on Wednesday, Trump encouraged coziness among bankers, the government and tech executives hand-selected by the PayPal billionaire Peter Thiel at the industry summit held at Manhattan’s Trump Tower. ...
Who is Peter Thiel and why is he advising Donald Trump? image
Source : BBC [Read Article] Wednesday 14th of December 2016 03:57:24 PM
....Bosses of big US technology firms met the president-elect at Trump Tower on Wednesday. Many of the chief execs were persuaded to attend by billionaire investor Peter Thiel, who has become Mr Trump's go-to man when it comes to technology. ...
Airbnb a solution to middle-class inequality, company says image
Source : Guardian [Read Article] Tuesday 13th of December 2016 01:01:57 PM
....”. The US president-elect is meeting with tech executives – reportedly including Elon Musk, Apple’s Tim Cook, Sheryl Sandberg of Facebook, and Silicon Valley investor Peter Thiel – on Wednesday. ...
A challenge to Facebook’s reach and power is long overdue  | John Harris image
Source : Guardian [Read Article] Thursday 8th of December 2016 07:44:36 PM
....Five months later, after Facebook had been accused of anti-conservative bias, there came a fascinating twist. One of the company’s board members – Peter Thiel, the co-founder of PayPal – was revealed as a Trump supporter who was about to donate $1. ...
Ctrl+Z: Silicon Valley leaders U-turn on Donald Trump image
Source : Guardian [Read Article] Friday 11th of November 2016 10:00:16 AM
....In the end, it took less than 24 hours for Silicon Valley to start making nice with President-elect Donald Trump. For a full year, the tech industry had collectively railed against the xenophobic, bigoted, and anti-science tenor of candidate Trump, displaying a political consensus so strong that the only public outlier – PayPal co-founder Peter Thiel – became the target of a shunning campaign from industry insiders. ...
Gawker settles Hulk Hogan privacy case for $31m image
Source : BBC [Read Article] Wednesday 2nd of November 2016 06:14:08 PM
....The privacy case forced Gawker to declare bankruptcy earlier this year, after a jury awarded Mr Hogan $140m over a leaked sex tape. Mr Hogan's legal bill was paid by tech billionaire Peter Thiel, who said he wanted to curb Gawker's "bullying". ...
News site Gawker.com to shut down next week image
Source : BBC [Read Article] Thursday 18th of August 2016 05:29:32 PM
....Media firm Univision agreed to buy Gawker Media for $135m (£103m) at a bankruptcy auction. Gawker filed for bankruptcy after losing a $140m privacy lawsuit brought by former wrestler Hulk Hogan, paid for by Paypal co-founder Peter Thiel. ...
Gawker case: Thiel is 'serious threat' to press freedom image
Source : BBC [Read Article] Tuesday 16th of August 2016 05:31:12 PM
....A leading tech entrepreneur has been branded a "serious threat" to press freedom after he defended funding a legal case that bankrupted a news site. Peter Thiel backed the wrestler Hulk Hogan's privacy case against Gawker. ...
Startup of the Year 2015 - 2016 competition entry: Lystable image
Source : Guardian [Read Article] Wednesday 10th of February 2016 02:32:19 PM
.... Fourteen months later and he has secured $3. 3m in funding from US venture capital heavyweights including PayPal co-founder Peter Thiel and Toba Capital, has hired 18 staff, opened a London and San Francisco office with a New York office on the way. ...
'Altruistic AI' plan wins $1bn pledge image
Source : BBC [Read Article] Saturday 12th of December 2015 11:51:34 AM
....Prominent tech executives have pledged $1bn (£659m) for OpenAI, a non-profit venture that aims to develop artificial intelligence (AI) to benefit humanity. The venture's backers include Tesla Motors and SpaceX CEO Elon Musk, Paypal co-founder Peter Thiel, Indian tech giant Infosys and Amazon Web Services. ...
Tech investor Peter Thiel ups stake in Lystable image
Source : Telegraph [Read Article] Tuesday 8th of December 2015 03:53:29 PM
. Peter Thiel, the Paypal co-founder turned venture capitalist, has upped his investment into London-based start-up Lystable just months after the first round was completed. ...
Source : Reuters [Read Article] Thursday 3rd of December 2015 10:18:00 AM
....5 million euros in venture funding. Backers include Peter Thiel, founder of PayPal and one of Silicon Valley's top investors, Earlybird Venture Capital and Axel Springer Plug & Play, both of Germany, and Swiss-based Redalpine Venture Partners. ...
Steve Jobs: the legacy of Apple's mysterious co-founder image
Source : Guardian [Read Article] Sunday 1st of November 2015 10:30:01 AM
.... They want to live forever. Peter Thiel, PayPal’s founder, Larry Page of Google and Larry Ellison of Oracle have each poured some of their millions into projects that scour evolutionary history for the secrets of longevity, that aim to improve the DNA they were born with, or that explore ways to copy and save the circuits of a human brain – notably their own consciousness – to survive digitally long after their physical shutdown. ...
Berlin's startup scene is knuckling down to business image
Source : Guardian [Read Article] Thursday 22nd of October 2015 06:15:02 AM
....One company to have catapulted from a startup into a serious firm backed by significant investment is EyeEm, a photo-sharing mobile app that connects amateur photographers with potential buyers. Founded in 2010, the company has 13 million photographers on its platform and has raised $24m in funding including $18m from PayPal co-founder Peter Thiel’s investment vehicle. ...
The two men taking on the banks image
Source : BBC [Read Article] Monday 5th of October 2015 11:01:39 PM
....". The business has an impressive roster of investors such as Virgin Group founder Sir Richard Branson, PayPal co-founder and early Facebook investor Peter Thiel and David Yu, one of the founders of Betfair. ...
The 21-year-old building India's largest hotel network image
Source : BBC [Read Article] Sunday 6th of September 2015 10:56:27 PM
....But some people did believe in him. A similar idea - which eventually evolved into Oyo Rooms - won him a coveted Thiel Fellowship - a programme sponsored by PayPal co-creator and early Facebook investor Peter Thiel - which pays for 20 teenagers each year to stop studying and try to set up a business instead. ...
US-appointed egg lobby paid food blogs and targeted chef to crush vegan startup image
....”. Some of the web’s biggest food blogs were unwittingly paid from the “Beyond Eggs” budget to write supportively about eggs as AEB executives privately expressed mounting frustration about Hampton Creek, whose high-profile backers include the Facebook backer Peter Thiel, billionaire investor Vinod Khosla and other Silicon Valley luminaries. ...
Is company's claim of meat without murder too good to be true? image
Source : Guardian [Read Article] Saturday 5th of September 2015 11:00:07 AM
.... And “growing cultured meat … harms no animals in the process”, he told a Reddit’s Ask Me Anything in 2013. Forgacs has managed to garner not only an immense amount of interest, but financing as well: to date, his company has raised more than $13m from high-profile backers, such as Peter Thiel’s Breakout Labs, Li Ka-shing’s Horizons Ventures and even the US Department of Agriculture. ...
Paypal worth $50bn in Nasdaq return image
Source : BBC [Read Article] Monday 20th of July 2015 05:12:32 PM
.... But he said it was unlikely that the shares would continue to increase due to the already "very robust growth outlook" factored into the share price. PayPal, which was founded by a group of investors including venture capitalist Peter Thiel and Tesla Motors boss Elon Musk in 1998, first listed on Nasdaq in 2002 and was bought later that year by eBay. ...
Forget the G7 summit – Bilderberg is where the big guns go image
Source : Guardian [Read Article] Monday 8th of June 2015 06:44:22 PM
.... They, presumably, will be leading the session on artificial intelligence. This will be listened to with great interest by Peter Thiel, the founder of PayPal and director of Facebook, as he continues his quest to merge with computers. ...
Where Uber and Amazon rule: welcome to the world of the platform image
Source : Guardian [Read Article] Saturday 6th of June 2015 11:05:11 PM
.... This is why they can muster so much power; Amazon is in constant power struggles with publishers – but there is no second Amazon they can turn to. Venture capitalists such as Peter Thiel want us to believe that this monopoly status is a feature, not a bug: if these companies weren’t monopolies, they would never have so much cash to spend on innovation. ...
Billionaire tech investor Peter Thiel invests in UK start-up Lystable image
Source : Telegraph [Read Article] Wednesday 27th of May 2015 02:01:27 PM
. Valar Ventures, the US-based venture capital fund backed by PayPal co-founder Peter Thiel, has just closed its second investment in a London-based company. ...
Snoop Dogg invests in delivery start-up that can deliver marijuana in 15 minutes image
.... The company, which has now raised approximately $82m in total funding, operates several marijuana businesses including Marley Naturals and strain review website Leafly. Its backers include Founders Fund, the venture capital investment group started by Peter Thiel, a founder of PayPal and one of the most prominent start-up investors in the United States. ...
TransferWise valued at $1bn by top Silicon Valley venture capital fund image
Source : Independent [Read Article] Monday 26th of January 2015 11:13:55 AM
.... Over £3 billion has been transferred through the platform and co-founder Kristo Käärmann said the business is growing at a rate of 16-20 per cent a month. The four-year-old start-up has to date raised $91 million from the likes of Sir Richard Branson and PayPal co-founder Peter Thiel. ...
Peter Thiel's fund makes multi-million pound investment in the US cannabis industry image
. A fund controlled by PayPal co-founder Peter Thiel has made a multi-million pound investment in the US cannabis industry even though it is only legal in a handful of states. ...
Source : Independent [Read Article] Friday 9th of January 2015 01:25:28 AM
. PayPal’s co-founder, Peter Thiel, has made a multimillion-pound investment in the US cannabis industry even though the drug is only legal in a handful of states. ...
Paypal founder Peter Thiel becomes marijuana's first big investor image
Source : Guardian [Read Article] Thursday 8th of January 2015 11:00:07 AM
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For Unilever, it seems, revenge is a dish best served without mayo image
Source : Independent [Read Article] Saturday 15th of November 2014 12:14:44 AM
....There are probably two big reasons for Unilever’s action. First, when billionaires Bill Gates,  Li Ka-shing and Peter Thiel are among the backers of a potential competitor, it’s worth keeping a very close eye on it. ...
Eggless mayonnaise firm sued by Hellmann's maker over branding image
Source : BBC [Read Article] Tuesday 11th of November 2014 11:25:40 AM
.... Unilever claims this suggests the product - which is made with canola oil, lemon juice and pea protein - contains eggs. Hampton Creek's products are sold alongside egg-based mayonnaises at a wide range of US retailers, as well as Tesco in the UK, and the company has been growing rapidly, attracting funding from Bill Gates, Peter Thiel and other venture capital firms. ...
The harsh truth: US colleges are businesses, and student loans pay the bills image
.... As university presidents become CEOs of education and universities thrive, the students suffer and are weighed down by debt. “It’s like a subprime mortgage broker that ripped you off and talked you into buying a house you couldn’t afford,” Peter Thiel, co-founder of PayPal and founder of the Thiel Fellowship, says of student debt. ...
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m image
Source : Independent [Read Article] Wednesday 1st of October 2014 08:13:51 AM
....It’s not often but you find Snoop Dogg rubbing shoulders with Silicon Valley’s elite but the rapper has joined some of the technology scene’s best-known venture capitalists in funding viral news site Reddit. Reddit, which calls itself the ‘front page of the internet’, has raised $50 million from investors including the Drop It’s Like Its Hot singer alongside Netscape co-founder Marc Andreessen, Oscar-winning actor Jared Leto, Sequoia Capital’s Alfred Lin and PayPal co-founder Peter Thiel. ...
Snoop Dogg and Jared Leto help Reddit raise $50m image
Source : Telegraph [Read Article] Tuesday 30th of September 2014 10:59:47 PM
.... . Other investors and entrepreneurs that took part in the funding round include Peter Thiel, Ron Conway, Paul Buchheit, Jessica Livingston, Mariam Naficy, Josh Kushner and Reddit chief executive Yishan Wong. ...
Helena Morrissey: 'Let's modernise the world of work for future generations' image
Source : Telegraph [Read Article] Saturday 27th of September 2014 01:16:08 PM
.... . Peter Thiel, co-founder of PayPal and the first outside investor in Facebook, echoes this in his recently published book Zero to One. ...
Twitter CEO won't respond to pot-smoking allegations, too busy 'eating a giant bag of Doritos' image
. Entrepreneur Peter Thiel put Twitter's "mismanagement" as he saw it down to everyone at the company being high during a CNBC interview this week, and Twitter CEO Dick Costolo has responded in wonderfully sarcastic fashion. ...
Peter Thiel blames 'pot-smoking' for Twitter troubles image
Source : Independent [Read Article] Thursday 18th of September 2014 09:56:54 AM
. Peter Thiel, the co-founder of Paypal and venture capitalist, isn't one to shy away from controversy. ...
Bilderberg at 60: inside the world's most secretive conference image
Source : Guardian [Read Article] Thursday 29th of May 2014 09:03:25 AM
.... It's easy enough to keep your privacy intact when you're employing so many people to guard it. There's something distinctly chilling about the existence of privacy being debated, in extreme privacy, by people such as the executive chairman of Google, Eric Schmidt, and the board member of Facebook Peter Thiel: exactly the people who know how radically transparent the general public has become. ...

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