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10 things in tech you need to know today

Hello! Quick programming note: There will be no newsletter this Thursday or Friday as we take a break for Thanksgiving. We'll be back in inboxes on Monday. Apologies for the slight delay this morning — we had a technical issue. But now, let's get started.If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android. Tim CookApple 1. Apple is suing a company that makes iPhone-hacking software. The tech giant is also notifying a "small n...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Elon Musk, UK, London, US, Newsletter, Trends, Tech, Tesla, Bloomberg, Nick Clegg, Peter Thiel


Thiel, Silicon Valley and the Rise of Tech Neo-Reaction

Here are a few links to a topic I continue to think more and more about. On the surface it’s Peter Thiel, about whom more in a moment. But beyond Thiel, there’s a broader reality. In the first years of the century we learned to see Tech as a rising business and political powerhouse that was broadly liberal, at least by the standards of Big Business. ‘Liberal’ was probably never quite right – but at least broadly cosmopolitan in its social values and culture. It was young, comparatively dive...
Tags: News, Washington, San Francisco, Peter Thiel, Josh Marshall, Thiel, Blue State, Editors' Blog, Thiel Silicon Valley


The AGI hype train is running out of steam

The AGI hype train has hit some heavy traffic. While futurists and fundraisers used to make bullish predictions about artificial general intelligence, they’ve become quieter lately. Peter Thiel — the tech billionaire and rumored vampire — says Silicon Valley big brains have lost enthusiasm for AGI. “Elon’s not talking about it anymore and Larry [Page] is off to Fiji and doesn’t seem to be working on it quite as hard,” Thiel said at a recent event. Thiel described Musk as “a weathervane for the z...
Tags: Startups, Peter Thiel, Silicon Valley, Agi, Fiji, Musk, Insider, Elon, Larry, Thiel, Neural


Tech billionaire Peter Thiel revealed as mystery buyer of $13 million mansion, the biggest DC sale of the last 12 months: report

Peter Thiel. BRENDAN SMIALOWSKI/AFP via Getty Images Tech billionaire Peter Thiel has purchased a home in the nation's capital for $13 million, per Politico. Thiel was revealed by Politico Playbook as the "mystery buyer" in the biggest DC sale of the year. He bought the mansion from Wilbur Ross, the former Trump commerce secretary, via an LLC. No longer an open secret among neighbors, Peter Thiel was revealed as the "mystery buyer" of a $13 million mansion in Washington, D.C. in Monda...
Tags: Real Estate, Politics, Washington, Trends, Paypal, Gop, Commerce, Washington Dc, Peter Thiel, Treasury, Silicon Valley, Dc, Trump, Ohio Senate, Penny Pritzker, Thiel


Billionaires like Peter Thiel may be spared big IRA tax bill in latest Build Back Better plan

The latest Build Back Better plan issued Wednesday would exempt certain Roth IRA withdrawals from income tax, unlike an earlier version. #billionaires #peterthiel
Tags: Peter Thiel, Ira, ROTH IRA


Sen. Josh Hawley says 'the Left,' which 'controls the commanding heights of American society,' wants to 'give us a world beyond men'

Republican Senator Josh Hawley of Missouri Ken Cedeno/AFP/Getty Images Sen. Hawley delivered a speech on "The Future of the American Man" at a nationalist conference in Orlando. Hawley argued that "the Left" wants to "give us a world beyond men" by assaulting traditional masculinity. He also criticized 'X' gender passports and said vaccine mandates were an attack on working class men. Republican Sen. Josh Hawley of Missouri said on Sunday that "the Left" - encompassing lawmakers, H...
Tags: Politics, Hollywood, White House, America, Trends, Joe Biden, United States, Missouri, Ted Cruz, Peter Thiel, Republican Party, Biden, Wall Street Journal, Orlando, Gillette, Marx


Tech billionaire Peter Thiel says bitcoin's record-high price shows inflation is at a crisis point

Peter Thiel is a tech billionaire and crypto fan. Neilson Barnard/Getty Images for New York Times Tech billionaire Peter Thiel said bitcoin's record-high price is a sign of investors' fears about inflation. "What it is telling us is that we are having a crisis moment," he said, according to Bloomberg. Bitcoin fans argue the token is a hedge against inflation, but many investors are not so sure. Tech billionaire Peter Thiel has said bitcoin's sky-high price is a sign that the ec...
Tags: Facebook, US, Trends, Tech, Bloomberg, Paypal, Peter Thiel, Crypto, Fed, Us Federal Reserve, Thiel, Harry Robertson, Bloomberg Bitcoin


Palantir's Peter Thiel Thinks People Should Be More Concerned About 'Surveillance AI' (slashdot)

Tech billionaire Peter Thiel "believes that people should be more worried about 'surveillance AI' rather than artificial general intelligences," reports CNBC: The venture capitalist, who co-founded big data firm Palantir, said at an event in Miami on Wednesday that on the path to AGI, you get surveillance AI, which he described as a "communist totalitarian technology." Those that are worried about AGI aren't actually "paying attention to the thing that really matters," Thiel said, adding that g...
Tags: Facebook, News, Bloomberg, Paypal, Peter Thiel, Miami, Silicon Valley, Agi, Palantir, Cnbc, CIA FBI, Thiel, EditorDavid, Clearview AI, Anduril Palantir, U S Army Thiel


Proposal To Rein In Mega IRAs Faces Lobbying Resistance From Retirement Industry

This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. The Democratic plan to crack down on individual retirement accounts worth hundreds of millions, even billions, of dollars and to tighten the rules governing IRA investments is facing intense opposition from several industry groups seeking to kill or soften the proposed reforms. Several retirement in...
Tags: Usa, News, Obama, Congress, Montana, Senate, China, San Francisco, Arizona, Peter Thiel, Silicon Valley, Capitol Hill, Ira, Louisiana, Biden, Lobbying


Palantir's Peter Thiel Thinks People Should Be More Concerned About 'Surveillance AI'

Tech billionaire Peter Thiel "believes that people should be more worried about 'surveillance AI' rather than artificial general intelligences," reports CNBC: The venture capitalist, who co-founded big data firm Palantir, said at an event in Miami on Wednesday that on the path to AGI, you get surveillance AI, which he described as a "communist totalitarian technology." Those that are worried about AGI aren't actually "paying attention to the thing that really matters," Thiel said, adding that g...
Tags: Facebook, Tech, Bloomberg, Paypal, Peter Thiel, Miami, Silicon Valley, Agi, Palantir, Cnbc, CIA FBI, Thiel, Clearview AI, Anduril Palantir, U S Army Thiel


Elon Musk is predicted to become the world's first trillionaire, thanks to SpaceX. Here's how the dual CEO went from getting bullied as a child to becoming one of the most successful and controversial men in tech.

Hannibal Hanschke-Pool/Getty Images Elon Musk, the CEO of Tesla and SpaceX, is worth $242 billion. He who was born in South Africa, has been married three times, and has six sons. Musk is a controversial leader who has incited lawsuits and SEC investigations. Visit Business Insider's homepage for more stories. Elon Musk may already be the world's richest person. But if one analyst's prediction comes true, he could become the world's first trillionaire. Morgan Stanley Ad...
Tags: Amazon, Transportation, Spacex, Elon Musk, New York, Hollywood, Texas, Robert Downey Jr, Microsoft, Australia, California, Ebay, White House, Ipo, Germany, Time


Billionaire Peter Thiel touts Bitcoin, says he is 'underinvested'

Billionaire PayPal co-founder Peter Thiel indicated Thursday that he wished he had taken a larger position in Bitcoin, the leading cryptocurrency that has surged in value in recent months.
Tags: Finance, Paypal, Article, Bitcoin, Peter Thiel, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Thomas Barrabi, Fox-business/markets/currencies/bitcoin, Fox-business/topic/cryptocurrency, Fox-business/markets/economy, 5c3e790e-3571-50b7-a637-d3cae56334d1


Peter Thiel thinks he may have met Satoshi Nakamoto and says he knows where he'd look for the mysterious bitcoin creator

Peter Thiel. Stephanie Keith/Getty Images Peter Thiel revealed he may know where to look for bitcoin's mysterious founder, Satoshi Nakamoto. "My sort of theory on Satoshi's identity was that Satoshi was on that beach in Anguilla," Thiel said. The billionaire was speaking at a Miami conference Wednesday, according to Bloomberg. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Billionaire entrepreneur Peter Thiel on Wednesday revealed he may know where to loo...
Tags: US, Trends, Bloomberg, Paypal, Peter Thiel, Miami, Caribbean, Satoshi Nakamoto, Anguilla, Satoshi, US Justice Department, Thiel, Nakamoto, Bloomberg Sign, Peter Thiel Stephanie Keith Getty, Isabelle Lee


Peter Thiel says he feels underinvested in bitcoin and his only hesitation now is that the secret is out

Peter Thiel. Chip Somodevilla / Getty Images Chip Somodevilla / Getty Images Peter Thiel said he feels "underinvested" in bitcoin, Bloomberg reported. The tech billionaire said as bitcoin rallies, it's a "complete bankruptcy moment for central banks." He previously called bitcoin the "most honest market" in the country. Tech billionaire Peter Thiel said he didn't bet enough on bitcoin, and now he's worried the secret is out. "I feel like I've been underinvested in it," Thie...
Tags: Trends, Markets, Bloomberg, Paypal, Bitcoin, Peter Thiel, Miami, Silicon Valley, Cryptocurrency, Central Banks, Thiel, VanEck, Natasha Dailey, Lincoln Network


Peter Thiel says bitcoin at $60,000 is a sure sign the 'decrepit' political system is about to implode

Peter Thiel. Neilson Barnard/Getty Images for New York Times Tech billionaire Peter Thiel said bitcoin's surge to $60,000 underscores his view that the US political system is unsustainable, according to The Information. Thiel railed against President Biden, the Obama administration and central banks, the report said. Bitcoin's price surged Wednesday to mark a new all-time high above $66,000. The US political system is not sustainable and the skyrocketing price of the decentraliz...
Tags: Obama, White House, US, Trends, Information, Markets, Joe Biden, Bitcoin, Peter Thiel, Biden, Cryptocurrencies, Marc Andreessen, Us Federal Reserve, Thiel, Clinton Obama, Stanford Law School


Environmentalists argue Peter Thiel’s luxury NZ lodge will ‘destroy’ lake landscape

Billionaire PayPal co-founder is planning a luxury home on 190-hectare property on shores of Lake WanakaBillionaire Peter Thiel is facing opposition from New Zealand environmental groups over his plans to build a luxury lodge in Wānaka, an alpine town on the South Island.A company owned by Thiel had lodged a consent application for a sprawling lodge on his property, which would include a “pod” for the owner himself, water features and meditation space. The consent describes “a series of stand-al...
Tags: World news, Paypal, Asia Pacific, New Zealand, Peter Thiel, Nz, South Island, Wanaka, Thiel, Lake WanakaBillionaire Peter Thiel


Dimon's fintech warning shot - Blackstone's secret weapon - N62 nears mega funding round

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.On the agenda today:Jamie Dimon said he'll spend whatever it takes to battle BNPL competition.Blackstone developed a tool that's overhauling how it collects and analyzes data.Thiel-backed bank N26 is set to be valued at $8 billion.Let's get started. Jamie Dimon will spend whatever it takes to battle BNPL Jim Watson/...
Tags: Jimmy Kimmel, Softbank, Trends, Bloomberg, Paypal, Netflix, Peter Thiel, Pimco, Jeff Bezos, Blackstone, Jamie Dimon, Beacon, Brendan McDermid Reuters, Scott Olson Getty, Thiel, Redd


Peter Thiel lines up against Liz Cheney

Cheney outraised her primary challenger last quarter, but prominent Trump fundraisers are lining up against the impeachment backer.
Tags: Peter Thiel, Cheney, Trump, Liz Cheney


The Sad Tale of a Silicon Valley-Funded, Libertarian 'Startup City' (slashdot)

RestOfWorld.org tells the story of a libertarian 'startup city' in Honduras that was "supposed to be a privatized, Silicon Valley-funded paradise." Co-founded by 37-year-old Venezuelan Erick Brimen, "Próspera's founders promised to enrich the local community, even supplying water to a nearby village. But relations with neighboring communities deteriorated. Then, Próspera turned off the taps..." Próspera's founders believe the future of government lies with privatized startup cities. They b...
Tags: News, Paypal, Peter Thiel, Silicon Valley, Estonia, Honduras, Marc Andreessen, Delgado, EditorDavid, Prospera, Silicon Valley Funded Libertarian Startup City, RestOfWorld, Brimen, Erick Brimen Próspera, Próspera Foundation


The Sad Tale of a Silicon Valley-Funded, Libertarian 'Startup City'

RestOfWorld.org tells the story of a libertarian 'startup city' in Honduras that was "supposed to be a privatized, Silicon Valley-funded paradise." Co-founded by 37-year-old Venezuelan Erick Brimen, "Próspera's founders promised to enrich the local community, even supplying water to a nearby village. But relations with neighboring communities deteriorated. Then, Próspera turned off the taps..." Próspera's founders believe the future of government lies with privatized startup cities. They b...
Tags: Tech, Paypal, Peter Thiel, Silicon Valley, Estonia, Honduras, Marc Andreessen, Delgado, Roatán, Silicon Valley Funded Libertarian Startup City, RestOfWorld, Erick Brimen, Brimen


10 things in tech you need to know today

Amazon Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. ​​Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get started.1. Amazon just unveiled its home robot. Named Astro, the robot has a periscope camera, microphone, and touchscreen, and can navigate your house to investigate security issues. Take a look at the robot that will keep a watchful eye on your home - and you.2. This writer got to...
Tags: Apple, Amazon, Spacex, Elon Musk, Microsoft, Colorado, Drew Houston, China, Satya Nadella, US, America, Newsletter, Trends, Tech, Tesla, Dropbox


Coronavirus vaccine boosters are coming

Hello, Welcome to Insider Healthcare. We're Lydia Ramsey Pflanzer and Leah Rosenbaum, and this week in healthcare news:The FDA reached a decision on who should get COVID-19 booster shots;We did a deep dive into the companies propping up digital healthcare infrastructure;Startups including Xealth and Chapter raised new funding.Before we jump in, I (Lydia) just wanted to say a big welcome to Leah Rosenbaum, who joins us this week as a healthcare editor. You'll be seeing her name a lot in t...
Tags: Startups, Cdc, US, Trends, Tech, Healthcare, Peter Thiel, Food And Drug Administration, Fda, Belfast, Pfizer, Vaccines, Digital Health, Lydia, Newsletters, Liam McBurney


Facebook overpaid FTC fine by up to '$4.9bn' to protect Zuckerberg, lawsuits allege

A whole lot of ███ in documents which finger Peter Thiel and execs Facebook is remaining silent over two explosive lawsuits unsealed this week which contain allegations that board members "authorized" the overpayment of an FTC fine by up to $4.9bn in order to protect CEO Mark Zuckerberg.…
Tags: Facebook, Mark Zuckerberg, Software, Peter Thiel, Ftc, Zuckerberg


10 things in tech you need to know today

COOKFOX Architects Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. ​​Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get started.1. Google is buying an NYC office building for $2.1 billion. The purchase signals that Google is doubling down on its return to the office, committing to a future where at least some work takes place in person. Get the details on the priciest office-building purc...
Tags: Apple, Google, Amazon, Elon Musk, Newsletter, Trends, Tech, Cisco, Peter Thiel, Aws, Silicon Valley, Waze, WSJ, Amazon Web Services, Musk, Newsletters


House Bill Would Blow Up The Massive IRAs Of The Superwealthy

This article was originally published in ProPublica, a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Legislation currently making its way through Congress would take a sledgehammer to the massive individual retirement accounts built up tax-free by a select group of the ultrawealthy. [Author: Justin Elliott, Patricia Callahan and James Bandler]
Tags: News, Congress, Peter Thiel, Justin Elliott, ProPublica story, Patricia Callahan and James Bandler, Justin Elliott Patricia Callahan, James Bandler


The Chris Voss Show Podcast – The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power by Max Chafkin

The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power by Max Chafkin A biography of venture capitalist and entrepreneur Peter Thiel, the enigmatic, controversial, and hugely influential power broker who sits at the dynamic intersection of tech, business, and politics “Max Chafkin’s The Contrarian is much more than a consistently shocking biography of Peter Thiel, the most important investor in tech and a key supporter of the Donald Trump presidency. It’s also a disturbing histo...
Tags: Amazon, Facebook, Podcast, Spacex, Washington, Stanford, America, Seo, Paypal, Peter Thiel, Silicon Valley, Donald Trump, Gawker, Palantir, Eric Schmidt, Max Chafkin


Book: Elon Musk thinks Peter Thiel is a sociopath and Thiel thinks Musk is a fraud.

Max Chafkin has a new book coming about Silicon Valley billionare Peter Thiel and his business generation (including others in the "PayPal Mafia" who cashed out big when eBay bought them out). An excerpt in New York Magazine traces his journey from "angry young man" to right-wing ideological godfather, revealing (or remaking) Silicon Valley's supposed neo-liberalism as something more neo-reactionary in character. — Read the rest
Tags: Post, Elon Musk, News, Ebay, Peter Thiel, Silicon Valley, New York Magazine, Musk, Max Chafkin, Thiel, PayPal Mafia, Serious Business


Meet the startups that are quietly powering the future of healthcare

Hello,Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and today in healthcare news:We mapped out a crop of startups that are providing the backbone for the future of healthcare;Xealth just raised $24 million for its approach to helping providers prescribe digital health tools;Chapter, a Peter Thiel-backed startup, wants to help older Americans enroll in Medicare.If you're new to this newsletter, sign up here. Comments, tips? Email me at [email protected] or tweet @lydiaramsey...
Tags: US, Trends, Ap, Healthcare, Peter Thiel, Medicare, Telemedicine, Digital Health, Newsletters, Toby Talbot, Xealth, Advocate Aurora Health, Pitch Decks, Narya Capital, COVID, Lydia Ramsey Pflanzer


Inside the disastrous early days of the Thiel Fellowship and the depression, mental health issues, and drug abuse that followed

John Lamparski/Getty Images After reading the script for "The Social Network," Peter Thiel didn't like how the film portrayed him. He came up with the fellowship idea while on a plane, and the program's poor planning was disastrous for fellows. Only a few fellows found success, and some struggled with mental health issues and drug abuse, writes Max Chafkin in his new book. See more stories on Insider's business page. When Peter Thiel announced the Thiel Fellowship at a TechCru...
Tags: California, Aaron Sorkin, Stanford, San Francisco, Trends, Yale, Peter Thiel, Silicon Valley, Social Network, Entrepeneurs, Zuckerberg, Thought Leadership, Book Excerpt, Ponzi, Max Chafkin, Thiel


Peter Thiel Claims Zuckerberg Agreed To Push 'State-Sanctioned Conservatism' Under Trump Deal (slashdot)

ytene writes: Danika Fears over at The Daily Beast carries some pretty explosive reporting, describing how Peter Thiel -- of Palantir infamy -- claims in a new biography by Max Chafkin that Mark Zuckerberg agreed to push "State-Sanctioned Conservatism" in return for the Trump administration steering clear of any "heavy-handed regulations." This could well be one of those situations where it doesn't matter if the core claim is true or false -- because either way this is going to get ugly. The cla...
Tags: Mark Zuckerberg, News, Peter Thiel, Silicon Valley, Palantir, Zuckerberg, Trump, Max Chafkin, BeauHD, Danika Fears