Business
Peter Thiel
NEW YORK, May 29- Marketing company Didit has made an offer of $1.1 million for defunct news gossip website Gawker, an initial proposal that will set the floor for higher bids in a bankruptcy auction, according to a filing made on Tuesday. Gawker has been searching for a buyer after settling in May with billionaire venture capitalist Peter Thiel on legal issues...
Top White House officials, including Jared Kushner, have given Thiel the cold shoulder, sources tell CNBC.
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May 17- The co-founder of New York- based marketing firm Didit is interested in buying gossip website Gawker Media LLC out of bankruptcy after a U.S. judge on Thursday approved a settlement with the investor Peter Thiel, whose funding of a lawsuit against Gawker forced it to close in 2016.. A bid by Kevin Lee, co-founder and executive chairman of Didit, has set a floor...
Facebook CEO Mark Zuckerberg is putting some heavy hitters on blockchain to make sure his company doesn't miss out on the action.
NEW YORK, April 25- Billionaire Peter Thiel on Wednesday abandoned his effort to buy the irreverent news website Gawker.com, enabling the Silicon Valley venture capitalist to avoid a possible legal fight over his having secretly funded litigation that led to its demise. A proposed settlement between Thiel Capital LLC and a liquidator for Gawker Media LLC was...
NEW YORK, April 25- Venture capitalist Peter Thiel on Wednesday abandoned his effort to buy the irreverent news website Gawker.com, as part of a settlement freeing the billionaire from possible lawsuits for having secretly funded litigation that led to its demise. The proposed settlement between Thiel Capital LLC and a liquidator for Gawker Media LLC...
BERLIN, April 13- Berlin- based digital bank N26 expects to offer its services in Britain and the United States by the end of the year, its founder and chief executive told Reuters. N26, which counts Hong Kong billionaire Li Ka- shing and Silicon Valley investor Peter Thiel among its backers, is competing with traditional branch-based retail banks by offering a...
It was a Palantir employee in London, working closely with the data scientists building Cambridge’s psychological profiling technology, who suggested the scientists create their own app, NYT reports.
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Palantir worked on the Facebook data that was acquired by Cambridge Analytica, whistleblower Christopher Wylie tells members of U.K. Parliament.
Thiel has been pulling away from Silicon Valley and shifting his investment focus.
Thiel has been pulling away from Silicon Valley and shifting his investment focus.
Reports that he wants to leave the board are incorrect, Peter Thiel said, noting that among other things that he brings “ideological diversity.”
"I don't know and frankly if I had my druthers I would wish they wouldn't," the Home Depot co-founder told CNBC's "Squawk Box" on Wednesday.
Palantir CEO Alex Karp tells CNBC the software company is expanding its roster of clients and is now working with Fiat Chrysler.
Feb 26- Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering. Shareholders led by the Arkansas Teacher Retirement System and Fresno County Employees' Retirement Association in...
Feb 26- Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering. The preliminary settlement filed on Monday with the U.S. District Court in Manhattan requires a judge's approval.
The lawsuit alleged that Palantir wrongly barred investors from selling stock in the privately owned company.
WILMINGTON, Del., Feb 22- Data analytics and security company Palantir Technologies Inc must open its books to early investor Marc Abramowitz, who wants to investigate possible fraud and mismanagement at the highly valued private U.S. company, a judge ruled on Thursday. Abramowitz sued the secretive firm, known for helping the U.S. government track down al Qaeda...
WILMINGTON, Del., Feb 22- Data analytics and security company Palantir Technologies Inc must open its books to early investor Marc Abramowitz, who wants to investigate possible fraud and mismanagement at one of the most highly valued private U.S. companies, a judge ruled on Thursday. Abramowitz sued the secretive company, known for helping the U.S. government...
As Corporate America espouses “social responsibility,” the financial industry could help limit sales of assault weapons, our columnist writes.
