Peter Thiel Says Goodbye to Silicon Valley, Amazon Surpasses Microsoft
Billionaire investor Peter Thiel is leaving Silicon Valley and maybe even the board of Facebook. Thiel, a vocal supporter of President Trump, is reportedly growing frustrated over the intolerance of conservatism in Silicon Valley. He is moving his home and investment firms from San Francisco to Los Angeles. The investor will take a step back from the tech industry and is considering leaving the Facebook board. He's been a member since 2005.
Amazon officially surpassed Microsoft in market valuation. After the market closed on Wednesday evening, Amazon's market value increased to $702 billion, outpacing Microsoft which stands at $699.2 billion. Apple and Alphabet are still ahead of Amazon in being the most valuable companies.
Microsoft is now the fourth most valuable company.
Huawei on Tuesday held a global launch for the industry’s first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese firm.
MEXICO CITY (AP) — Mexico said Monday it’s awaiting a new response from Google to its request that the tech company fully restore the name Gulf of Mexico.
Triller CEO, Sean Kim, joins Cheddar to discuss how content creators are looking for alternatives in the U.S. as TikTok's future hangs in the balance. Watch!
