Peter Thiel is trying to acquire what’s left of Gawker

Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site the Silicon Valley billionaire helped shutter by funding litigation against it, people familiar with the matter said on Thursday. Gawker, which has been inactive for more than a

Peter Thiel is trying to acquire what’s left of Gawker

Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site the Silicon Valley billionaire helped shutter by funding litigation against it, people familiar with the matter said on Thursday. Gawker, which has been inactive for more than a

Peter Thiel’s firm owns “hundreds of millions’ in bitcoin

Silicon Valley billionaire Peter Thiel’s venture capital firm Founders Fund invested $15 to $20 million in bitcoin earlier this year, and has reaped a bundle from its stratospheric growth. Thiel’s fund now has “hundreds of millions of dollars” worth of the cryptocurrency, according to a Wall Street Journal report. The

Peter Thiel may be looking to buy Gawker

Venture capitalist Peter Thiel may be looking to buy online news site Gawker.com, BuzzFeed said Wednesday. Thiel’s lawyers have objected to the currently ongoing sale process of Gawker.com, saying that he has been prohibited unreasonably from bidding for the website’s assets, the internet media company reported, citing a federal

Peter Thiel has sold most of his remaining Facebook stake

Venture capitalist Peter Thiel, Facebook Inc’s first institutional investor, has sold three-quarters of his remaining stake in the social network, according to a regulatory filing on Tuesday. Thiel, who is a member of Facebook’s board, now owns 59,913 Class A shares in the company after selling 160,805 shares for

Thiel-backed drug firm secretly tested herpes vaccine overseas: report

A US drug company backed by President Trump supporter Peter Thiel secretly conducted human trials for a herpes vaccine on the Caribbean island of St. Kitts — and the local government is now investigating, according to a report. Thiel, the co-founder of PayPal, is one of several big-name investors who have