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The Latest Breaking News from Peter Thiel

Are California’s Billionaires Crying Wolf?

Uber-rich say they’ll flee if wealth tax proposal passes. History suggests otherwise.

Capital & Main

Billionaire Peter Thiel Offers $3M to Lobbying Group to Fight Against the California Wealth Tax

Billionaire Peter Thiel donated $3 million to a group opposing California's proposed wealth tax, which is expected to generate $100 billion for the state's healthcare, schools, and food programs.

International Business Times UK

Peter Thiel Exits NVIDIA: The AI Legend Just Swapped Tesla for a 460,000% Gainer

By exiting NVIDIA and slashing his Tesla stake, the billionaire Peter Thiel is pivoting away from volatile, high-priced trades.

International Business Times UK

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New California Wealth Tax Heads to the 2026 Ballot: Who Would Pay, What's at Stake and What Happens Next

A proposed tax on extreme wealth in California is moving closer to voters. Here's what it means for high earners and others in the Golden State.

Kiplinger

JD Vance: ‘despicable toady for Trump’ – and 2028 candidate in all but name

Vice-president has emerged as key defender of Maga flame – and is backed by big tech billions. Is this the heir apparent?

The Guardian - US

Elon Musk’s stubborn spin on Grok’s sexualized images controversy

Musk attempts to recast AI tool’s misuse. Plus, tech billionaires plot against a proposed California tax on their fortunes

The Guardian - US

Peter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax

Peter Thiel and Gavin Newsom are united in opposition to the billionaire tax.

Fortune

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Gavin Newsom comes out swinging against California billionaire tax

Ballot initiative, opposed by the ultra-wealthy, would levy one-time 5% tax on individuals worth more than $1bn

The Guardian - US

Peter Thiel makes $3m donation to fight California’s proposed billionaire tax

Ballot proposes one-time, 5% tax on anyone in state worth more than $1bn and grant a five-year period for payment

The Guardian - US

Tech titans divided over whether to pay billionaire tax or flee California

State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcare

The Guardian - US

How did The Lord of the Rings end up so beloved by the right wing?

INSIDE FILM: Elon Musk, JD Vance and Giorgia Meloni have all described JRR Tolkien’s fantasy novels as fundamental to their respective world views – but it’d be too easy to claim they’ve simply misunderstood them. As Peter Jackson’s film adaptations return to cinemas 25 years after they began, Xan Brooks…

The Independent UK

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

Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets.

Fortune

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The Guardian - US

Elon Musk, AI and the antichrist: the biggest tech stories of 2025

A look back at the biggest tech stories of the year, from the rise and fall of Musk’s Doge to lucrative investments into AI

TechRadar

South Park season 28 episode 5 ending gives us the Christmas miracle we've been waiting for (almost)

South Park season 28 is finally over, and episode 5 gave us the moment we've all been waiting for... even in real-life.

The Independent UK

Billionaire Palantir co-founder calls for return of public hangings to show ‘masculine leadership’ in America

‘If I’m in charge later, we won’t just have a three strikes law. We will quickly try and hang men after three violent crimes,’ Lonsdale wrote on X

Fortune

Scott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’

“When you see that people have a stake in the system, they don’t want to bring the system down,” the Treasury secretary argued at the DealBook Summit.

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Benzinga

Nikki Haley's Son Says GOP Must Act Or Lose Gen Z To 'Mamdani-Style' Socialism: 'We Are Going In The Opposite Direction'

Nalin Haley, conservative activist and the son of former Republican presidential contender Nikki Haley, has spoken out about the challenges faced by his generation, Gen Z, and the need for Republicans to address them.

Benzinga

Palantir Is The 'Most Dangerous Corporation' In America, Says Clinton-Era Official: It Is Building The Infrastructure Of 'The Police State'

Economist Robert Reich issued a stark warning on Palantir Technologies Inc. (NASDAQ:PLTR), calling the Silicon Valley giant a growing threat to civil liberties as it continues to expand within the federal government.

Benzinga

Cathie Wood's Bold Coinbase Bet Grows Despite Bitcoin Volatility, Ark Amps Up Bet On Peter Thiel-Backed Bullish

Cathie Wood‘s Ark Invest added to its position in Coinbase Global Inc (NASDAQ:COIN), Bullish (NYSE:BLSH), and Shopify Inc. (NASDAQ:SHOP) on Tuesday, leaning further into crypto-exposed names even as recent weakness in Bitcoin (CRYPTO: BTC) has pressured digital asset stocks and stirred valuation concerns around the leading U.S. crypto exchange.

The Guardian - US

AI poses unprecedented threats. Congress must act now

Despite the speed at which it is progressing, AI is getting far too little discussion in Congress, the media and within the general population. That has got to change

Fortune

Silicon Valley sets its sights on building the perfect baby

Tech-savvy parents to be are using IVF and screening embryos to build families in ways that were unimaginable a few short years ago.

The Guardian - US

The US government ruins Thanksgiving: it’s a South Park holiday special

Idiotic US war secretary Pete Hegseth launches an attack on a turkey-based festivity in frustration at his inability to outsmart a buffoonish police detective. A wild season finale looms

The Guardian - UK

JD Vance might want to run in 2028 – but does he have a Palantir-shaped problem?

The VP wouldn’t be where he is today without the patronage of the Palantir co-founder Peter Thiel. But with voters becoming more and more concerned about the firm’s surveillance tech, could that relationship affect his chances, asks Arwa Mahdawi

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