Peter Thiel: Celebs Rumors

it had approximately $487 million held by Silicon Valley Bank. The company said that the number represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”The Santa Clara-based Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, marking a major ending to what had for decades been one of the pillars of financing in the tech industry economy.The bank first made headlines Wednesday after it notified investors that it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage-backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.The next day, dozens of SVB’s venture capital clients — urged on by a venture capital fund founded by billionaire Peter Thiel and others — started pulling their assets from the bank, which one investor previously described as “a hysteria-induced bank run.”The customers withdrew $42 billion by the end of Thursday, according to California regulatory filings, and as a result the bank was left with a negative cash balance of $958 million.

The Atlantic that he would no longer be financially supporting Trump — or any other candidate — in 2024, taking a step back from involvement in the political realm. A source close to Thiel told Reuters in April that Thiel, a father of two children who is married to businessman Matt Danzeisen, thought Republicans were making a mistake by emphasizing culture-war issues rather than U.S.

Everything about this case, everything connected to Jeffrey Epstein is just so gross. And every time you think it’s over, it just gets a little worse…

Popular hip-hop media personality DJ Akademiks has signed an exclusive streaming deal with Rumble, a site that brands itself as “immune to cancel culture”; hosts right-wing figures such as Dinesh D’Souza, Dan Bongino, and Sean Hannity, as well as the Donald Trump-owned platform Truth Social; and is funded in part by tech billionaire Peter Thiel and Republican Ohio senator J.D. Vance.

the bank told investors it needed to raise just over $2 billion to offset $1.8 billion in losses. On Thursday, dozens of SVB’s venture capital clients — at the urging of, among others, billionaire Peter Thiel — started pulling their assets from the bank.In the end, these customers withdrew a staggering $42 billion, and as a result SVB was left with a negative cash balance of $958 million.

documents filed Friday, Roku disclosed that it had approximately $487 million held by Silicon Valley Bank, the Northern California financial powerhouse that failed this week, sending shockwaves throughout the region’s economy.That number, Roku says, represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”Santa Clara-based Silicon Valley Bank was closed on Friday by the California Department of Financial Protection and Innovation, a spectacular and rapid end to what had for decades been one of the pillars of financing in the white hot tech industry economy.It’s a complex and still developing story but what is known is that on Wednesday, the bank told investors it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.Despite the somewhat routine nature of the announcement, the next day, in what one investor described as “This was a hysteria-induced bank run,” dozens of SVB’s venture capital clients — urged on by billionaire Peter Thiel — attempted to pull their assets from the bank.More to come…

Metro Weekly. The audience likely identifies as part of the acronym. Or Same-Gender-Loving (SGL).

Trevor Noah had plenty to say about the new conservative dating app, The Right Stuff, during Monday’s episode of “The Daily Show.”The app was created by three former Trump officials and is backed by right wing billionaire Peter Thiel. Noah’s segment began with a clip from a Fox News interview with Jon McEntee, one of the founders, who claimed he was motivated to create the app because “girls would just get up or leave abruptly” during dates after learning that he and his friends worked for the Trump administration.“To be fair, you can’t assume these women left the date because of your politics. You can’t assume that,” Noah teased.

settling to $16.81 at the bell. It was down more than 2% in after-hours trading.Backed by billionaire Peter Thiel, the conservative platform, which is seen as an alternative to YouTube, attracted the likes of Infowars founder and conspiracy theorist Alex Jones and several QAnon influencers who were booted from social media.Rumble, which trades under the ticker handle “RUM,” says it has 78 million global monthly viewers and will launch exclusive shows from actor Russell Brand and journalist Glenn Greenwald, according to CNBC.The company, which touts that it does “not stifle, censor, or punish creativity and freedom of expression,” is also associated with a similar alternative platform as it manages ad sales for Truth Social, the social media platform kickstarted by former President Donald Trump after he was banned from mainstream social media networks like Twitter, Instagram and Facebook.“We create technologies that are immune to cancel culture.

2019 dinner that Zuckerberg and fellow tech billionaire Peter Thiel attended at the White House. The October gathering, NBC News reports, happened during a trip to Washington, D.C. when the Meta executive testified before Congress about Facebook’s cryptocurrency Libra.“‘Sir, I’d love to have dinner, sir.

conspiracy theory tinder” — are almost as good as the app’s promo.“‘Will you have a cousins dating filter?’ ‘How is this different from a klan meeting?’ Don’t wait! Download it and swipe white!” one user tweeted. The app, co-founded by former Trump staffers John McEntee and Daniel Huff, aims to get conservatives in “the right dating pool, with people who share the same values and beliefs.” “We’re sorry that you’ve had to endure years of bad dates and wasted time with people who don’t see the world our way — the right way,” McEnany says in the app’s promotional video aimed at “young conservative[s] looking to amp up [their] dating [lives]” Tech billionaire Peter Thiel, who co-founded PayPal, invested $1.5 million into the app that was “created for conservatives to connect in authentic, meaningful ways,” according to The Hill.Launching in September, the app will only accept two genders: “ladies and gentlemen,” with “no pronouns necessary.” “Ladies” will get a free premium subscription for inviting friends to join the app and “gentlemen” will have to pay if they want premium access.The countdown begins… @RyannMcEnany pic.twitter.com/75WQ79B8Bc“Wait, this isn’t an SNL skit?” one user asked, while another joked that McEnany was “leaning hard into culture war tropes in this promo”Check out the funniest reactions to “The Right Stuff” from Twitter users below:Every time you swipe, this guy’s picture pops up: https://t.co/3RQjv6wxLr pic.twitter.com/0vDOB59AvPQuestion 1 on app: “What’s your ideal first date?” Acceptable responses: Klan rallies, MAGA rallies, CPAC conventions, shooting guns, berating women going to Planned Parenthood, placing “Let’s go Brandon” stickers all over town.

Todd Spangler NY Digital EditorEmbattled podcaster Joe Rogan said he isn’t planning to exit his Spotify deal to bring his popular — and controversial — show to Rumble, a video platform startup catering to right-wing personalities.Rogan, in a stand-up performance Tuesday in Austin, Texas, told the crowd he would not be moving “The Joe Rogan Experience” to Rumble, which earlier this week publicly offered him a $100 million deal. Rogan’s exclusive multiyear Spotify deal is reportedly worth more than $100 million.“No, Spotify has hung in with me, inexplicably,” Rogan said in answer to an audience member’s question about whether he was taking Rumble up on its offer, as reported by THR.

Todd Spangler NY Digital EditorVenture capitalist and right-wing booster Peter Thiel, after 17 years on the board of Facebook — now Meta Platforms — will step down as director of the internet giant.Thiel joined Meta’s board in April 2005, after he had invested $500,000 in the then-fledgling Facebook startup.Thiel is leaving Meta in order to “focus on influencing November’s midterm elections,” the New York Times reported, citing an anonymous source. “Mr.

Hillbilly Elegy, a memoir centering on Vance’s own upbringing in Appalachia, the cultural values of the region, and the financial distress and high levels of poverty that have resulted from the loss of blue-collar jobs like factory work.The 37-year-old Vance has sought to style himself in the mold of former President Donald Trump by appealing to cultural conservatives and blue-collar white voters. As has become the practice for politicians from both major parties, Vance often trolls or criticizes his political opponents on social media, blaming them for all of America’s ills in an effort to rally Republican base voters behind his campaign.As first reported by Queerty, on Sept.

Gawker, the digital brand whose gimlet-eyed but often caustic tone won it many fans but plenty of enemies, has been brought back to life by Bustle Digital Group.

boom of ultra-wealthy moved to Florida, known for its lax restrictions, during the pandemic.Ivanka Trump and Jared Kushner splurged on a $30 million-plus lot of land on Miami’s uber-swanky and high-security Indian Creek Island, known as the “Billionaire’s Bunker; Cindy Crawford bought a multimillion waterfront home on North Bay Road; and billionaires Peter Thiel, Dan Loeb and Jon Oringer have all purchased pricey spreads.

Reports have emerged that Apple CEO Tim Cook has stepped in to ensure that the company did not produce a TV show which is inspired by gossip outlet Gawker. Claims by The New York Times say that Cook, who is one of the the most powerful openly gay men in the world, was the least bit excited to hear that his company had picked up the TV show Scraper, which is based on Gawker.

By Ted Johnson

memo‘s talking points begin with noting that Trump was the first Republican nominee to mention LGBTQ rights in his acceptance speech at the Republican National Convention, promising to “do everything in my power to protect LGBTQ citizens.” Following Trump’s speech, three other RNC speakers, including, notably, PayPal co-founder Peter Thiel, the first openly gay man to address the convention, reiterated Trump’s call for LGBTQ equality.A large portion of the memo’s first section focuses on Trump’s appointment of Richard Grenell to two positions: first, as the U.S. Ambassador to Germany, and, more recently, as the acting Director of National Intelligence, which made him the first openly gay person to hold a cabinet-level position.