PayPal cofounder and Silicon Valley venture capitalist Peter Thiel doubled down on his worries about generational conflict and the future of capitalism after a similar warning he issued in 2020 proved eerily prescient. After Tuesday night’s election victory of democratic socialist Zoran Mamdani as New York City’s mayor, an email Thiel sent five years ago…
PayPal founder Peter Thiel once told Elon Musk to quit the Giving Pledge and not donate his wealth, reported Reuters recently. The report quoted transcripts and audio recordings of a lecture series delivered by Thiel. Recounting the conversation, Thiel warned Musk that if he donates his wealth, he could end up funding causes championed by…
A video doing the rounds on social media shows Candace Owens saying she does not think Elon Musk, Sam Altman, or Peter Thiel are humans. She said that she sees something strange in their eyes, adding that she is not sure they even bleed. Candace Owens says Elon Musk, Sam Altman are ‘hybrid,’ suggests they…
By Alexandra Alper WASHINGTON (Reuters) -Donald Trump’s Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years and well over $800 million combined to develop, work initially aimed at overhauling antiquated human resources systems. The reason for the unusual move: officials at those departments, who have so far…
Figma burst onto the public stock exchange last week, surging in share price by 333% and hitting a market cap of over $70 billion in just the first few days of trading. For investors bullish on startups, last week was a rejuvenation after a sluggish stretch in the IPO market. But for Figma cofounder and…
Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Mark Zuckerberg may be the most famous college-dropout-turned-tech-billionaire. Dylan Field is the latest, after his design startup Figma soared in its stock…
Fifteen years ago, Dylan Field was a freshman computer science student at Brown University. On Thursday, the company he started in college and now runs, Figma, made its blockbuster debut on the New York Stock Exchange, marking the largest U.S. venture-capital-backed tech IPO in four years. Figma’s stock surged 250% on its debut, making it…
China should factor in the future visions of America’s right-wing tech barons to gain a more complete picture of the second Trump administration’s policies, a top Chinese strategist has suggested. As the two powers had their latest round of trade talks in Stockholm, another prominent expert in China also called on Beijing to look beyond…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir has hit another major milestone in its meteoric stock rise. It’s now one of…