Posts filtered by tags: Peter Thiel[x]


 

Power Line: The billion-dollar battery race, top wind companies, and seeking nominations for the rising stars of clean energy

Hello, and welcome to Power Line, a weekly clean-energy newsletter from Business Insider.  What you need to know:  Sign up here to get Power Line in your inbox every Friday. Most of our coverage is available exclusively to BI Prime subscribers. If you're looking for a discount on a subscription to BI Prime, click here.  Have a tip or feedback to share? Reach out to [email protected]  We're looking for the rising stars of clean energy Think: Lynn Jurich, before Sunrun was dominatin...
Tags: Minnesota, US, Trends, Tesla, Atlantic, Peter Thiel, Jeff Bezos, Shell, Arcadia, Silicon, Lizzo, Sunrun, Lynn Jurich, Solar Foundation, Teslas, Schneider Electric


EnClear Therapies Nets $10M to Test Neuro Disease ‘Dialysis’ Device

Many companies are working to develop new drugs that target harmful proteins associated with neurodegenerative diseases.EnClear Therapies has raised a $10 million Series A round of financing from a syndicate of investors to advance a device that it says could help treat neurodegenerative diseases by filtering out such proteins from cerebral spinal fluid (CSF), the clear liquid that surrounds the brain and spinal cord. CEO Anthony DesPasqua likens the process to a dialysis-like method that could...
Tags: Startups, Boston, Funding, Trends, Venture Capital, Peter Thiel, Biotech, Medical Device, Financing, Als, Series A, Life Sciences, National blog main, Boston blog main, Boston top stories, LabCentral


Founders Fund confirms $3 billion in new capital across two funds

Founders Fund, the investment firm led by its controversial co-founder Peter Thiel and partners Keith Rabois and Brian Singerman, has closed on $3 billion in new capital across two investment funds, TechCrunch confirmed. News of the firm’s latest fundraising close was first reported in Axios. The firm’s $1.2 billion Founders Fund VII closed in December and follows on the heels of a $1.3 billion Fund VI, which closed in 2016. The firm’s first growth fund, which raked in $1.5 billion, closed on Mo...
Tags: TC, Tech, Paypal, Peter Thiel, Airbnb, Wall Street Journal, Founders Fund, Thiel, Dan Primack, Keith Rabois, Banister, Rabois, Stripe Inc, Brian Singerman, Fund VII, Singerman Thiel


Elon Musk's car collection has evolved over the years, from the million-dollar McLaren F1 he destroyed to a James Bond movie prop Lotus (TSLA)

Tesla CEO Elon Musk has had a lot of different cars over the years.  His first vehicle was a 1978 BMW 320i — he paid only $1,400 for it.  At one point, a McLaren F1 was his daily driver, but he totaled it on Sand Hill Road in Silicon Valley. More recently, he's been driving Tesla cars, like Model S and the Cybertruck. He even sent his Tesla Roadster into space.  Visit Business Insider's homepage for more stories. Elon Musk has had quite the car collection over the years.  Some got totaled, ot...
Tags: Spacex, Elon Musk, Hollywood, La, San Francisco, Trends, Tesla, Paypal, South Africa, Peter Thiel, James Bond, Silicon Valley, Grimes, Bmw, Mclaren, Audi


Here's a look inside a 15-story underground doomsday shelter for the 1% that has luxury homes, guns, and armored trucks

In case of emergency, some millionaires have the option to head underground. In 2008, an entrepreneur bought a missile silo in Kansas and converted it into the ultimate $20 million fortified shelter complete with necessary amenities like a general store, fisheries, and a medical center. While units in the development are mostly spoken for, several are currently available for prices ranging from $500,000 to $2.4 million. Visit Business Insider's homepage for more stories. When the apocalypse a...
Tags: North Korea, Trends, New Zealand, Peter Thiel, Kansas, Hall, Don, Wichita Kansas, Larry Hall, Hall s Survival Condo Project, Survival Condo Project


HQ Trivia, the live game show app that became a worldwide sensation a few years ago, is shutting down

Embattled live-gameshow app HQ Trivia is reportedly shutting down its operations after a deal to acquire the company fell through.  "Effective today, HQ will cease operations and move to dissolution. All employees and contractors will be terminated as of today," HQ Trivia's CEO and co-founder Rus Yusupov announced in a company-wide email obtained by Kerry Flynn of CNN Business.  The app's extreme popularity in 2017 attracted over 15 million user installs, and highlighted its potential to re-im...
Tags: Elon Musk, Trends, Cnn, Peter Thiel, Vine, Kerry Flynn, Colin Kroll, Kroll, Yusupov, HQ Trivia, Rus Yusupov, Intermedia Labs, CNN Business, Colin Kroll HQ Trivia, Yusupov Scott Rogowsky


Oracle billionaire Larry Ellison is holding a fundraiser for Donald Trump, where supporters can pay $100,000 for a golf outing and photo op with the president — and some Oracle employees are livid

Billionaire Oracle chairman Larry Ellison plans to host a fundraiser for President Donald Trump's reelection campaign, The Desert Sun's Sam Metz reported Wednesday. A group of Oracle employees launched a calling for the event's cancellation, saying, "Ellison's support of Donald Trump does not affirm Oracle's core values of diversity, inclusiveness, and ethical business conduct." Tickets for the event, which will be held on Ellison's estate in Rancho Mirage, California, cost up to $250,000, a...
Tags: Google, Home Depot, America, Trends, Tesla, Gop, Bill Gates, Larry Ellison, Peter Thiel, Marco Rubio, Warren, Silicon Valley, Goldman Sachs, Gizmodo, Donald Trump, Ellison


Palantir will start paying employee bonuses in stock units instead of cash even though an IPO may be years away

Palantir, the controversial data analytics company founded by Peter Thiel, is making a big change to the bonuses it pays employees. Instead of getting cash bonuses, Palantir employees will receive restricted stock units, according to a memo obtained by Business Insider. The change means that employees will not be able to cash out their bonuses until Palantir goes public or is acquired by another organization. Visit Business Insider's homepage for more stories. Palantir is phasing out cash bon...
Tags: Google, Trends, Department Of Defense, Bloomberg, Peter Thiel, Palantir, Joe Lonsdale, EquityZen, Manhattan Venture Partners, Restricted Stock Units, Khan Tasinga, Tasinga, Army Employees, Andrea Walne, Walne


Power Line: Tesla crushed by Sunrun in solar sales, battery breakthroughs, and a guide to the energy provider Arcadia

Hello, and welcome to Power Line, a weekly clean-energy newsletter from Business Insider.  Sign up here to get Power Line in your inbox every Friday. Most of our coverage is available exclusively to BI Prime subscribers. If you're looking for a discount on a subscription to BI Prime, click here.  Have a tip or feedback to share? Shoot me an email at [email protected] Is your phone always dying? This technology could help. Yes, I'm one of those people whose phone is always on the e...
Tags: US, Trends, Tesla, Bloomberg, Peter Thiel, New Orleans, Denmark, Bp, Tony Fadell, Solarcity, Arcadia, Kleiner Perkins, Silicon, Northeast, Sunrun, Greentech Media


A startup backed by iPod designer Tony Fadell just emerged from stealth with $18.5 million to bring breakthrough batteries to market in massive quantities

The battery startup Advano recently raised $18.5 million from investors including Tony Fadell, who's credited with designing the iPod and later cofounded the company Nest.  Advano is among a handful of startups trying to develop lithium-ion batteries using the element silicon in part of the battery that stores charge. These batteries could store 20% to 40% more energy than traditional cells.  Silicon is notoriously difficult to work with, but it's only one of the problems that battery startups...
Tags: Trends, Tesla, Peter Thiel, New Orleans, Silicon Valley, Tony Fadell, Nest, Arcadia, Business Insider, Nrel, Silicon, Thiel Capital, Drexel University, Keyser, National Renewable Energy Laboratory NREL, Yury Gogotsi


Oracle billionaire Larry Ellison is holding a fundraiser for Donald Trump, where supporters can pay $100,000 for a golf outing and photo op with the president

Billionaire Oracle chairman Larry Ellison will host a fundraiser for President Donald Trump's reelection campaign, The Desert Sun's Sam Metz reported Wednesday. Tickets for the event, which will be held on Ellison's estate in Rancho Mirage, California, cost up to $250,000, according to The Desert Sun. Billionaires from other industries including Home Depot cofounder Bernie Marcus and real-estate developer Stephen Ross faced public outrage and boycotts of their companies in 2019, following repo...
Tags: Google, Home Depot, America, Trends, Tesla, Gop, United States, Bill Gates, Larry Ellison, Peter Thiel, Marco Rubio, Warren, Silicon Valley, Goldman Sachs, Donald Trump, Ellison


Ryan Holiday — Turning the Tables (#410)

Welcome to The Tim Ferriss Show! It is — usually — my job to sit down with world-class performers of all different types to tease out the habits, routines, favorite books, and so on that you can apply and test in your own life. This time we have a “turning the tables” episode. What does that mean? Well, I will not be the one doing the interviewing. Instead, I will be the one being interviewed by my friend, Ryan Holiday. So who is this Ryan fella? Ryan Holiday (TW/IG: @RyanHoliday) is one of ...
Tags: Facebook, Molly, Lifestyle, Investment, Best, Austin, New York Times, Peter Thiel, Richard Branson, Jeff Bezos, Ben Goldacre, Michael Lewis, Wall Street Journal, Tyler Cowen, Dave Chappelle, Bay Area


Early Facebook investor Peter Thiel cashes in 80% of his remaining stock in the social media giant (FB)

Early Facebook investor Peter Thiel offloaded $11.3 million worth of the social media giant's stock on February 6, according to regulatory filings. The billionaire sold 53,602 shares, trimming his stake by 81%. Thiel still holds 9,948 shares, worth about $2 million. The investor also has a stake in Palantir Technologies, and indirectly invested in ventures including Space X and Spotify through his venture capital firm Founders Fund. Watch Facebook trade live here. Peter Thiel, an early inves...
Tags: Apple, Facebook, Spotify, US, Trends, Bloomberg, Netflix, Peter Thiel, Morgan Stanley, Palantir Technologies, Roger Deakins, Thiel, US Immigration and Customs Enforcement, Founders Fund Watch Facebook, Airbnb Space X


How billionaire Tesla and SpaceX CEO Elon Musk went from getting bullied as a child to becoming one of the most successful and provocative men in tech (TSLA)

Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university, going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He's also been married three times and has five sons, with another child potentially on the way.  Here's how Musk got his start and rose to become the controversial billionaire who inspired the 2008 film "Iron Man." Visit Business Insider's homepage for more stories. It see...
Tags: Spacex, Elon Musk, Hollywood, Robert Downey Jr, Microsoft, Australia, California, Ebay, Stanford, Ipo, Time, US, Los Angeles, San Francisco, Trends, Tesla


Lady Gaga's new boyfriend is a tech CEO who went to Harvard with Mark Zuckerberg and now works for Facebook billionaire Sean Parker

Lady Gaga's new boyfriend, Michael Polansky, is a tech CEO who works for Napster cofounder and former Facebook President Sean Parker. Polansky attended Harvard at the same time as Mark Zuckerberg, and worked for early Facebook investor Peter Thiel. Polansky and Gaga reportedly met through Parker and have been together since at least New Year's.  Visit Business Insider's homepage for more stories. Lady Gaga has a new boyfriend, and he hails from the tech world. The singer and actor posted a p...
Tags: Facebook, Mark Zuckerberg, Trends, Harvard, Peter Thiel, Miami, Lady Gaga, Las Vegas, Jeff Bezos, Sean Parker, Gaga, Parker, Napster, Parkers, Lady Gaga @ladygaga, Parker Institute for Cancer Immunotherapy


The lives of Asana founders Dustin Moskovitz and Justin Rosenstein, from the early days of Facebook to building a billion-dollar startup (FB)

Asana announced on Monday that it filed its S-1, the first step toward becoming a publicly traded company. The team productivity software company was started by Dustin Moskovitz and Justin Rosenstein, who both left Facebook in 2008. The cofounders worked with Silicon Valley elite at Facebook before starting Asana, which became a unicorn in 2018. Visit Business Insider's homepage for more stories. Asana, the productivity unicorn valued at $1.5 billion, filed an S-1 with the SEC indicating plan...
Tags: Google, Google Drive, Facebook, Mark Zuckerberg, Spotify, Florida, Trends, Bloomberg, Palo Alto, Harvard, Peter Thiel, The Guardian, SEC, Silicon Valley, Stanford University, Sheryl Sandberg


Mark Zuckerberg's friend, Dropbox CEO Drew Houston, is joining Facebook's board of directors (FB)

Dropbox CEO Drew Houston has been appointed to Facebook's board of directors. In a statement, Zuckerberg said that "Drew brings valuable perspective to our board as a leader of a technology company with services used by millions of people and businesses." There has been significant turnover on Facebook's board of directors in recent years. Houston is a long-time friend of Zuckerberg, and will likely be a supportive figure on the board as Facebook faces ongoing scrutiny. Drew Houston, the cofo...
Tags: Facebook, Mark Zuckerberg, Drew Houston, Trends, Netflix, Dropbox, Peter Thiel, Houston, Signal, Sheryl Sandberg, Reed Hastings, Marc Andreessen, Founders Fund, Zuckerberg, Priscilla Chan, Drew


This company scraped social media to feed its AI facial recognition tool. Is that legal?

Recent reporting has revealed the existence of a company that has probably scraped your personal data for its facial recognition database. Though social platforms forbid it, the company has nonetheless collected personal data from everywhere it can. The company's claims of accuracy and popularity with law enforcement agencies is a bit murky. Your face is all over the internet in images you and others have posted. Also lots of personal information. For those concerned about all those pictur...
Tags: Facebook, New York, Technology, Privacy, Artificial Intelligence, United States, Terrorism, Aclu, New York Times, Innovation, Peter Thiel, Freedom Of Information, Times, Facial Recognition, Venmo, Data Mining


Being a child actress prepared me for a career in venture capital 

Crystal McKellar Contributor Share on Twitter Crystal is the Founder and Managing Partner of Anathem Ventures, and is passionate about finding and funding great teams that have developed breakthrough technology that they are pragmatically leveraging to win and own uncrowded, high-margin markets. It takes guts to be a VC, but being a child actress prepared me well for the challenge. In addition to the serial rejection even the ...
Tags: TC, Column, Entrepreneurship, Tech, Yale, Venture Capital, Peter Thiel, Private Equity, Startup Company, Kevin Arnold, Harvard Law, McKellar Contributor Share on Twitter Crystal, Anathem Ventures, Becky Slater


German neobank N26 is thinking about a subscription service for US users after topping 250,000 customers in the market

Digital banking is a crowded space, with US-based players like neobank Chime and online-only bank Ally, and European players like Monzo and N26 growing in other markets.  Germany's N26 said it just hit 250,000 customers five months after its US go-live. Last week, the neobank announced it hit 5 million customers globally. We talked to N26's US CEO Nicolas Kopp about how he plans to grow revenue from an expanding US customer base. He's focused on launching similar products to N26's European off...
Tags: Europe, UK, Germany, Softbank, US, San Francisco, Trends, United States, Peter Thiel, Goldman Sachs, WeWork, DST Global, Lime, Marcus, FDIC, Bancorp


SmileDirectClub Is Trying To Silence Criticism By Tying Refunds To Non-Disparagement Agreements (techdirt)

The New York Times has noticed a company with the word "smile" in its name really isn't all that friendly. Nearly 2 years ago, SmileDirectClub sent legal threats to Gizmodo after a post discussing the potential drawbacks of getting your teeth fixed over the internet was published under the title "You Could Fuck Up Your Mouth With SmileDirectClub." Nothing about the article was false. Not even the title. SmileDirectClub sells teeth-straightening devices over the internet. Most teeth-straighteni...
Tags: News, New York Times, Peter Thiel, Gizmodo, Gawker, Tim Cushing, SmileDirectClub, SmileDirect, Tennessee SmileDirect


Layoffs hit Q&A startup Quora

Quora, a ten-year-old question-and-answer startup based in Mountain View, is laying off staff in its Bay Area and New York offices, the company’s CEO on the site today. Like other startup leaders being pushed by investors to focus more heavily on cashflow, CEO Adam D’Angelo wrote that the layoffs and “organizational changes” were being pursued in order to focus on “scaling the organization in a financially responsible way.” D’Angelo did not disclose the scale of the layoffs. Recode reported la...
Tags: TC, Layoffs, New York, Softbank, Tech, Mozilla, Quora, Peter Thiel, Mountain View, Bay Area, Angelo, Adam D Angelo, D Angelo


All These Extremely Powerful People May Want to Double Check They Weren’t Hacked by a Saudi Prince

In early 2018, Saudi Crown Prince Mohammed bin Salman took a sweeping tour of the U.S. as part of a strategy to rebrand Saudi Arabia’s ruling monarchy as a modernizing force and pull off his “Vision 2030” plan—hobnobbing with a list of corporate execs and politicians that reads like a who’s who list of the U.S. elite.…Read more...
Tags: Apple, Google, Amazon, Facebook, Science, Technology, Microsoft, Saudi Arabia, Satya Nadella, Cybersecurity, Larry Page, Hacking, Tim Cook, Sergey Brin, Peter Thiel, Hackers


The Saudi Crown Prince accused of hacking Jeff Bezos' phone met with more than a dozen tech execs and celebs during the same US trip. From Tim Cook to Oprah, here's everyone Mohammed bin Salman met with.

There's a good chance Apple CEO Tim Cook, Google founders Larry Page and Sergey Brin, and venture capitalist Peter Thiel are having their phones examined right about now, in the wake of new reports about the hacking of Jeff Bezos' phone. A forensic analysis commissioned by Bezos suggests that it's likely his phone was hacked in May 2018 via a file sent from a WhatsApp account used by Saudi Arabian Crown Prince Mohammed bin Salman, according to reports in The Guardian and the Financial Times. Th...
Tags: Google, Amazon, Microsoft, Saudi Arabia, Amc, US, Trends, Bloomberg, Larry Page, New York Times, Tim Cook, Sergey Brin, Peter Thiel, Virgin Group, Richard Branson, Silicon Valley


6 big things we still don't know in the bombshell report saying Jeff Bezos' phone was hacked by Saudi Crown Prince Mohammed bin Salman

On Tuesday, reported that an international investigation had concluded that Amazon CEO Jeff Bezos' phone was most likely hacked by a link in a May 2018 WhatsApp message from Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman. Cybersecurity experts hired by Bezos to investigate how details of his affair were leaked to the media also reported similar findings, the Financial Times reported. The hacking fills in a missing chunk in a timeline linking the murder of the journalist Jama...
Tags: Apple, Google, Amazon, Facebook, Post, Washington Post, Saudi Arabia, US, Trends, Tim Cook, Peter Thiel, Un, Associated Press, Jeff Bezos, Montreal, National Enquirer


6 big things we still don't know in the bombshell report of how Jeff Bezos' phone was hacked by Saudi Crown Prince Mohammed bin Salman

On Tuesday, reported an international investigation had concluded that Amazon CEO Jeff Bezos' phone was hacked via a link in a May 2018 WhatsApp message from Saudi Arabia's crown prince Mohammed bin Salman (known as MBS in the West).  Cybersecurity experts hired by Jeff Bezos to investigate the leaks after details of an affair were leaked to the media also reported similar findings, the Financial Times reported.  The hacking fills in a missing chunk in a timeline that links the murder of jou...
Tags: Apple, Google, Amazon, Facebook, Washington Post, Saudi Arabia, Trends, United States, Tim Cook, Peter Thiel, Un, Associated Press, Louisiana, Jeff Bezos, Montreal, National Enquirer


Trump and Apple's Tim Cook to meet at Davos

Impeached phony president and utter turd of a man Donald Trump will attend a breakfast meeting on Wednesday at Davos with Apple Chief Executive Tim Cook, Reuters reports. Trump is meeting with with other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, reports Reuters. On Tuesday, Trump and Ivanka and Jared Kushner hosted a dinner with executives from 25 multinational companies and organizations. Excerpt: Attendees discussed their busin...
Tags: Apple, Facebook, Post, Business, New York, Technology, Cook, News, Finance, White House, Nokia, Tech, Economy, Paypal, Davos, United States


The next big privacy scare is a face recognition tool you’ve never heard of

The global debate on the use of facial recognition by governments and law enforcement just got a lot more intense. Over the weekend, the New York Times’ Kashmir Hill published an eye-opening piece detailing a relatively unknown firm offering facial recognition services to roughly 600 US law enforcement agencies, with an image library more than seven times larger than that of the FBI. It’s a Peter Thiel-funded company called Clearview AI, and its service matches faces from images you upload with ...
Tags: Startups, Privacy, US, Artificial Intelligence, New York Times, Peter Thiel, Kashmir Hill, Clearview AI, FBI It 's


Facial Recognition Database With 3 Billion Scraped Images 'Might End Privacy as We Know It' (slashdot)

One police detective bragged that photos "could be covertly taken with a telephoto lens" then input into Clearview AI's database of more than three billion scraped images to immediately identify suspects. Long-time Slashdot reader v3rgEz writes: For the past year, government transparency non-profits and Open the Government have been digging into how local police departments around the country use facial recognition. The New York Times reports on their latest discovery: That a Peter Thiel-back...
Tags: News, New York Times, Peter Thiel, Times, ClearView, EditorDavid, Facial Recognition Database With, Facebook Venmo


Slate Announces List of The 30 Most Evil Tech Companies

An anonymous reader quotes Slate: Separating out the meaningful threats from the noise is hard. Is Facebook really the danger to democracy it looks like? Is Uber really worse than the system it replaced? Isn't Amazon's same-day delivery worth it? Which harms are real and which are hypothetical? Has the techlash gotten it right? And which of these companies is really the worst? Which ones might be, well, evil? We don't mean evil in the mustache-twirling, burn-the-world-from-a-secret-lair sense...
Tags: Google, Amazon, Facebook, Spacex, Disney, America, Tech, Tesla, Netflix, Peter Thiel, Huawei, Oracle, Cory Doctorow