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The Latest Breaking News from Palmer Luckey

Silicon Valley Founders Warn They May Flee If California Billionaire Tax Passes

Silicon Valley billionaires warn a proposed California wealth tax could drive founders and jobs out of the state.

International Business Times

Tech Billionaires Warn of California Exodus as 5% Wealth Tax Sparks Panic

Tech billionaires threaten to flee California as a proposed 5% wealth tax sparks panic among Silicon Valley founders.

International Business Times UK

California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. 'I am screwed for life'

"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life."

Fortune

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Peter Thiel, Palmer Luckey, And Joe Lonsdale Backed Crypto-Friendly Erebor Bank Gets Preliminary Nod From Regulator

Erebor Bank, a new crypto-focused financial institution backed by prominent tech investors Peter Thiel, Palmer Luckey, and Joe Lonsdale, received preliminary conditional approval for a national bank charter on Wednesday.

Benzinga

Palmer Luckey wants to know if you'd buy a 'Made in America' computer for 20% more than 'Chinese-manufactured options from Apple'

Also, what's your favourite colour, and how've you been getting on recently?

PC Gamer

Oculus founder Palmer Luckey wants to know if you'd spend 20% more on a "Made in America" PC — but it would surely need something else to stand out?

Best known for founding Oculus VR, Palmer Luckey is now polling for opinion on whether you'd spend more of your cash to get a "Made in America" laptop.

Windows Central

Palmer Luckey asks, 'Would you buy a Made In America computer' if it was 20% pricier than a MacBook? A poll suggests most people would

There's a swarm of questions buzzing around the idea Luckey floated, including what OS the theoretical laptop would run.

TechRadar

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"Inflation isn't nostalgic" - Modretro's FPGA N64 console will arrive later this year for $199.99, but I'm curbing my retro console enthusiasm

Modretro has announced that its "M64" FPGA Nintendo 64 will cost $199.99 and arrive this Christmas, but it hasn't shared full details the retro console yet.

GamesRadar

Palmer Luckey considering entering laptop market with fully US-made model, wants to know if you'd spend 20% more for an American-made PC

Oculus and Anduril founder Palmer Luckey has repeatedly floated the idea of producing a laptop in the U.S. that would cost 20% more than competitive offerings.

Tom’s Hardware

Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'

In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems.

Benzinga

Oculus Founder Palmer Luckey's 'Lord Of The Rings'-Inspired Digital Bank Hits $2 Billion Valuation With Backing From Founders Fund

Palmer Luckey is making another big bet: this time, not in virtual reality or military defense, but digital finance. The Anduril CEO and Oculus founder has launched Erebor, a digital bank that already holds a valuation of $2 billion as it raises at least $225 million in funding, Business Insider…

Benzinga

Anduril CEO Palmer Luckey Says 'Thank You' As Trump Resumes Ukraine Arms Shipments

Anduril Industries CEO Palmer Luckey publicly thanked President Donald Trump on Monday after the president announced resumed U.S. weapons shipments to Ukraine, marking a significant policy shift for the defense technology executive’s company.

Benzinga

Tech billionaires including Palmer Luckey set up dumb new bank for those who didn't get burned enough in the 2022 crypto crash

It's all about the stablecoins baby.

PC Gamer

Anduril CEO Palmer Luckey Says Weapons Destroyed 'Hundreds of Millions' in Russian Assets, Urges US Military Aid to Ukraine

Anduril Industries CEO Palmer Luckey disclosed Wednesday that his company’s autonomous weapons systems have destroyed “hundreds of millions” worth of Russian military assets in Ukraine, while advocating for increased U.S. military support as the fastest path to peace.

Benzinga

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Tom’s Hardware

Oculus founder Palmer Luckey leads group of tech billionaires launching new crypto-bank — aims to fill the void left by Silicon Valley Bank's 2023 collapse

It's looking to fortify its coffers with stablecoins.

Benzinga

Palmer Luckey, Peter Thiel, Joe Lonsdale Launch Erebor Bank For Startups, Crypto And Defense — A Digital-Only Bet On The Post-SVB Era: Report

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023.

Fortune

Elon Musk denies SpaceX is frontrunner for Trump’s $500 billion ‘Golden Dome’ missile-defense project: ‘This is not true’

Musk, Palmer Luckey, and Alex Karp stand to win lucrative contracts if Trump chooses to work with SpaceX, Anduril, and/or Palantir.

The Guardian - US

Tech’s Trump ties are starting to burn

Big tech bet on Trump – now tariffs are tanking stocks, IPOs are stalling, and Musk’s role in Washington may be ending

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TechRadar

Farewell HoloLens - Microsoft officially quits wearable headset technology, hands over billion-dollar DoD contract to Anduril

$22bn HoloLens VR military program will be handed over from Microsoft to Anduril.

PC Gamer

Palmer Luckey says he wants to 'turn warfighters into technomancers' as Anduril takes over production of the US Army's IVAS AR headset from Microsoft

Microsoft will continue to support IVAS functionality with "advanced cloud infrastructure and AI capabilities," but it's out of the hardware game.

Al Jazeera

China’s DeepSeek faces questions over claims after shaking up global tech

Elon Musk and Palmer Luckey among tech leaders to cast doubts on Chinese startup’s claimed budget and chip use.

International Business Times UK

Palmer Luckey Accuses DeepSeek Of Lying About AI Model Costs: 'The $5M Number Is Bogus'

Palmer Luckey, the founder of Oculus, questions DeepSeek's AI claims, criticising US media for 'mindlessly' reporting on the progress of the Chinese startup.

International Business Times

With Trump Win, Silicon Valley's Right Flank Takes On Washington

One week into his second administration, Donald Trump has put technology at the forefront, featuring tech billionaires prominently at his inauguration and announcing major AI infrastructure deals from the White House.

The Conversation

The Silicon Valley venture capitalists who want to ‘move fast and break things’ in the defence industry

I’m a propagandist, I’ll twist the truth, I’ll put forward only my version of it if I think that’s going to propagandise people to believe what I need them to believe.

International Business Times UK

'California Hates You': Elon Musk Responds to Backlash After Providing Free WiFi in Fire-Hit Areas

An Elon Musk and Donald Trump admirer sparked a firestorm after praising his plan to aid wildfire victims in California with Cybertrucks and Starlink.

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