Trump endorses investor Masters in Arizona Senate primary
(AP Photo/Michael Wyke) (Michael Wyke)PHOENIX — (AP) — Former President Donald Trump endorsed investor Blake Masters in Arizona's crowded U.S. Senate primary Thursday, giving his blessing to another acolyte of tech investor Peter Thiel after his nod helped “Hillbilly Elegy” author JD Vance secure the GOP nomination in Ohio. The winner of the Aug. 2 primary will take on Democratic Sen. Mark Kelly in one of this fall's most hotly contested Senate races. Masters, who grew up in Tucson and moved back to southern Arizona in 2018, was until recently a senior executive for Thiel’s investment firm and foundation. They went on to collaborate on the 2014 book, “Zero to One: Notes on Startups, or How to Build the Future,” and Masters went to work for Thiel. He rose to chief operating officer of Thiel Capital and president of the Thiel Foundation.wftv.com
Peter Thiel leaving board of Facebook parent Meta
MENLO PARK, Calif. — (AP) — Peter Thiel, a Silicon Valley billionaire and advisor to former President Donald Trump, is leaving the board of directors of Facebook parent company Meta. Thiel joined Facebook's board in 2005, a year after the company was founded and seven years before its made its debut on Wall Street. “Peter is truly an original thinker who you can bring your hardest problems and get unique suggestions," Meta CEO Mark Zuckerberg said in a statement. In a statement, Thiel said “It has been a privilege to work with one of the great entrepreneurs of our time. Mark Zuckerberg’s intelligence, energy, and conscientiousness are tremendous.”Copyright 2022 The Associated Press.wftv.com
GOP senate candidates allege Facebook's Zuckerberg spent millions to 'buy the presidency' for Biden — but there's not much backing up the claim
Two high-profile Republican candidates for the U.S. Senate, both of them close to tech entrepreneur Peter Thiel, are supporting an effort to merge former President Donald Trump’s lies about a stolen 2020 election with accusations of meddling against Facebook CEO Mark Zuckerberg.news.yahoo.com
Why Big Tech Wants (Some) Facial Recognition Rules
The world’s biggest technology companies can usually be counted on to oppose rules reining in new products, but some have been making an exception for facial recognition software. That’s not to say that any consensus has developed on this rapidly developing branch of artificial intelligence: The European Union and cities and states across the U.S. are taking up a wide range of ideas for restrictions or outright bans, including many that go further than the tech companies want. Globally, there’swashingtonpost.com
The Silicon Valley wealthy have become super doomsday preppers by buying remote New Zealand properties, getting eye surgeries, and stockpiling ammo and food
Many are gearing up for uncertain times amid the pandemic and a divisive political climate. But none are preparing quite like society's wealthiest.news.yahoo.com
Peter Thiel floods 2022 GOP races with cash, makes candidates an easy target
Tech billionaire Peter Thiel is injecting huge sums into some crucial 2022 midterm contests — and drawing fire from Republicans eager to tie their rivals to the GOP's Silicon Valley bogeymen.Why it matters: Whether he's backing a candidate or being attacked by one, Thiel embodies the present GOP zeitgeist. His brand of nationalist conservatism mimics the party's Trump-era shift. Yet the fortune he's using to bankroll like-minded candidates derives from an industry reviled by much of that base.Stnews.yahoo.com
Secretive Palantir lifts veil before Wall Street stock sale
It cited revenues of $481 million for the first half of 2020, up 49% from the year-ago period. The document indicated that Denver-based Palantir will sell stock some time this year but did not specify a date. In the filing, Palantir said it believes current instability including systematic failures of government institutions to provide for the public present a growth opportunity for its business. Palantir initially filed for the stock sale confidentially on July 6. Under the stock listing, the documents say, control of Palantir will be concentrated with the companys founders through the designation of a new category of stock.
GOP leaders can't bank on Trump's help in Kansas Senate race
(AP Photo/John Hanna)HOLTON, Kan. Establishment Republican leaders are scrambling to pull out a win in a tense party battle for the nomination in the Kansas Senate race, and they won't be able to count on last-minute help from President Donald Trump. Trump's neutrality leaves the Kansas primary heading to a tight finish Tuesday under a barrage of attack ads from political action committees. Thats why the Senate race is so important in Kansas.Republican leaders have been trying to avoid a Kobach nomination for seven months, but the stakes have increased in recent weeks. The once-safe seat in a state where Republicans have won every Senate race since 1932 now looks shaky and a loss the GOP can't afford. In Kansas, Kobach has played up his ties to the president even without an endorsement.