In his keynote address to the Bitcoin 2022 conference in Miami, venture capitalist Peter Thiel said environmental, social, and corporate governance (ESG) is “perhaps the real enemy” of the cryptocurrency, likening the movement to the Chinese Communist Party (CCP). “I think that ESG is just a hate factory. It’s a factory for naming enemies, and…

Peter Thiel, Silicon Valley billionaire and adviser to former President Donald Trump, is leaving the board of Facebook parent Meta. What could be next for him? Chipmaker Nvidia and Japan’s Softbank are calling off what would have been the biggest computer chip deal in history. Why did the deal collapse? The biggest day in advertising is…

Billionaire tech entrepreneur Peter Thiel is resigning from the board of Facebook’s parent company Meta later this year, the company announced on Monday. Thiel, a co-founder of online payments system PayPal, was one of the earliest investors in Facebook and joined the company board in April 2005. He became a Facebook investor in 2004 when…

In his keynote address to the National Conservatism Conference Oct. 31, billionaire tech entrepreneur Peter Thiel argued that false consensus has silenced debate on important questions, including COVID-19, the U.S. presence in Afghanistan, and ongoing inflation in the American economy. Thiel spoke to the conference about examples of what he called “the incredible derangement of…

Tech billionaire investor Peter Thiel criticized major U.S. technology companies for being too cozy with the Chinese Communist Party (CCP) and called on them to undo their Chinese ties. “Since everything in China is civilian-military fusion, Google was effectively working with the Chinese military, not with the American military,” said Thiel in a virtual roundtable…

The billionaire co-founder of PayPal donated $10 million to a newly-formed political action committee backing the potential Ohio Senate 2022 bid by J.D. Vance. Peter Thiel, a billionaire who was also one of the earliest investors in Facebook, donated $10 million to the Protect Ohio Value PAC, according to Bryan Lanza, the communications director for…

The billionaire co-founder of PayPal donated $10 million to a newly formed political action committee backing a potential U.S. Senate bid by J.D. Vance in 2022. Peter Thiel, a billionaire who was also one of the earliest investors in Facebook, donated $10 million to the Protect Ohio Values PAC, according to Bryan Lanza, the communications…