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The Latest Breaking News from Peter Thiel

Mark Zuckerberg, Peter Thiel And Meta Board Dodge Courtroom Showdown As Shareholders Abruptly Settle $8 Billion Privacy Lawsuit

Meta Platforms, Inc. (NASDAQ:META) shareholders ended a landmark $8 billion lawsuit against Mark Zuckerberg and several current and former executives on Thursday, reaching a surprise settlement just as the high-profile privacy trial was set to enter its second day.

Benzinga

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

Benzinga

BitMine Stock Is Trading Higher Wednesday: What's Going On?

BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed that FF Consumer Growth, a firm linked to billionaire investor Peter Thiel, has taken a stake in the company.

Benzinga

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Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now?

Bitmine stock soars as billionaire investor Peter Thiel reveals a 9.1% stake. But BMNR shares remain a speculative investment at best in 2025.

Barchart

'Purge Palantir' Protests Erupt Nationwide Over Firm's Ties To Trump's Immigration Crackdown, Israeli Military Support

Palantir (NASDAQ:PLTR) has come under fire for its alleged involvement in aiding President Donald Trump‘s immigration crackdown and the Israeli military.

Benzinga

BitMine Immersion Technologies Stock Surges After Hours: What's Going On?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are ripping higher in Tuesday’s after-hours session after billionaire PayPal and Palantir co-founder Peter Thiel disclosed a stake in the company.

Benzinga

Peter Thiel-Backed Startup That Sends Drones In Ukraine Eyes 10,000 Units Monthly: 'Absolutely Required' To Win Future Conflicts, CEO Warns

When Soren Monroe-Anderson launched Neros Technologies in 2023, small drones weren't a priority for the Pentagon. A year later, his startup is delivering 1,000 first-person view drones per month to Ukraine under a six-month contract announced in February. Neros has also outlined a long-term plan to scale production to 1…

Benzinga

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Peter Thiel-Linked GPx Targets $500 Million To Reinvent VC With Fund-Of-Funds Twist, Backing Early-Stage Stars Into Series B: Report

Former Founders Fund general partner Brian Singerman and Quiet Capital co-founder Lee Linden are reportedly raising over $500 million for GPx, a new venture capital fund that combines traditional investing with fund-of-funds elements.

Benzinga

Peter Thiel 'Red-Pilled' Elon Musk, Mark Zuckerberg And Silicon Valley's Elite At Critical Turning Points, Says Researcher Tracking Founders Fund's Influence

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Benzinga

Did Peter Thiel-Backed Rainmaker's Cloud Seeding Trigger Texas Flash Floods? Experts Weigh In On Conspiracy Theories

Amid the tragedy of recent flash floods in central Texas, conspiracy theories about “cloud seeding” practices have gained traction on social media, fueled by prominent U.S. political figures.

Benzinga

Palantir accuses UK doctors of choosing ‘ideology over patient interest’ in NHS data row

Tech firm’s chief, Louis Mosley, dismisses fears that contract ‘threatens to undermine public trust in NHS data systems’

The Guardian - UK

Peter Thiel is backing Palmer Luckey's Erebor digital bank, but that name has a dark history

The duo have a long history of adopting Tolkien names.

Fortune

Peter Thiel Says AI Is Like the Internet in the Late '90s — 'More Than a Nothing Burger' But 'Less Than a Total Transformation'

If you've been waiting for A.I. to launch us into a Jetsons-style utopia where Martian real estate is booming, Peter Thiel's here to lower your expectations — with his usual dry bite.

Benzinga

Oculus founder Palmer Luckey leads group of tech billionaires launching new crypto-bank — aims to fill the void left by Silicon Valley Bank's 2023 collapse

It's looking to fortify its coffers with stablecoins.

Tom’s Hardware

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Fortune

Peter Thiel sold 20 million shares of Facebook, just months after its IPO—but they'd be worth nearly $15 billion more if he had held on

Just months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 times more today—or nearly, $15 billion.

The Guardian - UK

‘I have a lot of sympathy for Elon Musk’: Succession creator Jesse Armstrong on his tech bros AI satire Mountainhead

He is the master of ripped-from-the-headlines drama, a writer who skewers the billionaire class. As Mountainhead takes him into new territory, he talks about his nuanced view of the world’s richest man – and why a bonnet drama may be next

Benzinga

Peter Thiel Says Elon Musk Vision Of A Billion Humanoid Robots In Ten Years Makes All The Hand-Wringing Over Deficits Look 'Unthought-Through'

Billionaire investor Peter Thiel says Elon Musk's plan for "a billion humanoid robots in the U.S. in 10 years" collides with the Tesla chief's alarm over ballooning federal deficits, proof, Thiel argues, that Musk hasn't “thought through" the proposition just yet.

The Guardian - US

Peter Thiel’s Palantir poses a grave threat to Americans

Working with the Trump administration, the data company could be used to target the president’s opponents

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Benzinga

Elon Musk Stopped Believing In Mars Dream As A 'Political Project' In 2024, Says Peter Thiel Amid 'Woke AI' And 'Socialist Government' Fears

SpaceX and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s vision for Mars as a political project was reportedly thwarted in 2024 due to concerns about AI and political interference, according to a conversation revealed by Peter Thiel.

The Independent UK

Protesters blockade Palantir’s offices calling for an end to ‘totalitarian police surveillance’ as tech company aids ICE deportations

Six people were arrested in New York City in protests over the firm’s alleged work building a massive new surveillance apparatus for President Donald Trump

Benzinga

A New Queen Of Green--Hard-Charging Tech Mogul Replaces Taylor Swift As The World's Youngest Self-Made Woman Billionaire

Taylor Swift is the undisputed Queen of Pop, but she was recently bumped out of the top spot on a different list. Scale AI co-founder Lucy Guo has just replaced Swift as the world's youngest self-made female billionaire. According to Forbes, Guo is worth an astonishing $1.3 billion. Guo founded…

The Guardian - US

China haunts Bilderberg talks as usual suspects plot world domination

The corporate, political and tech bigwigs meeting in Sweden are worried about an ‘authoritarian axis’ – maybe AI drones will fix things?

The Independent UK

JD Vance silence on Musk may be the most Game of Thrones tactic ever — and Trump might not even notice

ANALYSIS : ANALYSIS: The vice president is usually the first to rush to the defense of his boss, but he has remained conspicuously quiet in the face of a barrage of abuse from the man who could make him king, writes Richard Hall

Barchart

Meta’s Mark Zuckerberg Warns Colleges of ‘a Reckoning’ Because They’re Not ‘Preparing People for the Jobs That They Need’

In a recent podcast interview with comedian Theo Von, Meta CEO Mark Zuckerberg criticized the modern college system for its failure to adequately prepare students for today's job market.

The Guardian - US

FBI whistleblower claims he tried to get to Musk to warn him he was being targeted by Russia

Johnathan Buma, who was arrested in March and is out on bail, claims in new interview that efforts to target Musk were ‘intense’

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