Tag

Peter Thiel

All articles tagged with #peter thiel

Las Vegas Set for Trump-Backed Enhanced Games, Where PEDs Are Permitted
sports4 days ago

Las Vegas Set for Trump-Backed Enhanced Games, Where PEDs Are Permitted

Las Vegas will host the Enhanced Games, a controversial inaugural event where competitors may use performance-enhancing drugs under medical supervision; backed by Donald Trump Jr.’s 1789 Capital and Peter Thiel, the venture also plans to sell enhancement products like peptides, despite criticism from WADA and the IOC. The event features Olympic medalists and aims to draw a large audience, with participants including Fred Kerley, James Magnussen, and Cody Miller.

Gawker’s Rise, Fall, and the Billionaire-Backed Fallout That Redefined Online Media
media18 days ago

Gawker’s Rise, Fall, and the Billionaire-Backed Fallout That Redefined Online Media

The Hollywood Reporter revisits Gawker’s explosive run, detailing how Nick Denton built a fearless blog that helped shape modern online journalism, then watched it collapse after billionaire-backed lawsuits—most notably Peter Thiel’s funding of Hulk Hogan’s invasion-of-privacy case—led to bankruptcy and the sale of its assets; the piece also follows former staffers who parlayed that experience into Hollywood and major outlets, underscoring how billionaire influence and aggressive digital culture continue to shape today’s media landscape.

Thiel Liquidates $74 Million AI Bets, Sparking Caution on Wall Street
business2 months ago

Thiel Liquidates $74 Million AI Bets, Sparking Caution on Wall Street

Peter Thiel disclosed in his fourth-quarter 2025 13F that he sold about $74 million of key tech holdings (including Tesla, Microsoft, and Apple) via Thiel Macro, signaling a cautious stance on near-term AI/tech momentum. The move has investors weighing whether to imitate billionaire trades, but the article cautions against blind emulation, noting that long-term prospects for quality AI names remain and that valuations have cooled, potentially creating new buying opportunities.

Discord’s Age Check Trial Sparks Palantir Ties and Privacy Fears
technology3 months ago

Discord’s Age Check Trial Sparks Palantir Ties and Privacy Fears

As part of preparing for the UK Online Safety Act, Discord is testing global age-verification via the Persona service, with some users already prompted ahead of a March rollout. Persona is backed by Founders Fund, whose ties to Peter Thiel and Palantir have drawn privacy concerns about surveillance and data use. Discord describes the test as limited and says any collected data will be stored for seven days, though the broader long‑term use remains unclear.

Thiel Sells Nvidia and Tesla, Bets on Microsoft Amid AI Rally
business4 months ago

Thiel Sells Nvidia and Tesla, Bets on Microsoft Amid AI Rally

Peter Thiel's hedge fund Thiel Macro dumped Nvidia entirely and reduced its Tesla stake (76%), while initiating a position in Microsoft, signaling a shift from flashy AI bets to a diversified, enterprise-focused AI play. The move comes as Nvidia rode AI demand to new highs and Tesla faced questions over robotaxi viability, with Microsoft positioned as a safer, long-term AI monetization play through Copilot and enterprise software reach.

Peter Thiel Bets Big Against California’s Billionaire Wealth Tax with $3 Million Donation
personal-finance4 months ago

Peter Thiel Bets Big Against California’s Billionaire Wealth Tax with $3 Million Donation

Peter Thiel donated $3 million to the California Business Roundtable to oppose the proposed 2026 billionaire wealth tax, his largest political gift in years, signaling an early and high-profile push against the measure that would impose a 5% tax on net worth above $1 billion. Gov. Gavin Newsom also opposes the idea, and opponents expect a major fundraising effort to gather signatures to place the measure on the ballot.

Peter Thiel Bets $3 Million to Thwart California's Billionaire Tax
politics4 months ago

Peter Thiel Bets $3 Million to Thwart California's Billionaire Tax

Peter Thiel donated $3 million to the California Business Roundtable PAC to oppose the proposed 2026 Billionaire Tax Act, a 5% one-time wealth tax on Californians worth more than $1 billion with a five-year payment window. The contribution signals how tech billionaires may mobilize to block the measure as signatures are gathered for the November ballot. Supporters say the tax would fund healthcare and education and affect about 200 people, while opponents, including Gov. Newsom, argue it would hurt California’s economy and drive investment out. Thiel has recently moved parts of his empire to Miami.

Libertarian billionaires back deregulated 'freedom cities' in Greenland as geopolitics collide
foreign-policy4 months ago

Libertarian billionaires back deregulated 'freedom cities' in Greenland as geopolitics collide

Tech billionaires Elon Musk and Peter Thiel are backing a plan tied to Trump’s Greenland gambit to create deregulated 'freedom cities' in Greenland to access rare earth minerals, but Greenlandic sovereignty, Indigenous rights, and NATO/Danish concerns complicate the effort. Analysts say true security would come from partnerships and governance that respect self-determination rather than annexation or libertarian experiments.

Thiel Donates $3 Million to Fight California Wealth Tax Proposal
politics4 months ago

Thiel Donates $3 Million to Fight California Wealth Tax Proposal

Venture capitalist Peter Thiel donated $3 million to a California Business Roundtable political committee opposing a proposed wealth tax on billionaires, part of a broader push by Silicon Valley elites to defeat the measure ahead of the November ballot; the donation marks the first seven-figure contribution in the effort and more large gifts are expected.

2025 Tech Highlights: Musk, AI, Gadgets, and Industry Leaders
technology5 months ago

2025 Tech Highlights: Musk, AI, Gadgets, and Industry Leaders

The article reviews major tech events of 2025, including Elon Musk's brief political influence and business setbacks, the global AI boom and its environmental impact, Australia's social media ban for minors, the tech industry's political shifts towards Trump-like policies, and bizarrely, Peter Thiel's apocalyptic lectures about the antichrist.