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.
Working five days a week has long been the corporate cultural norm. But some companies are exploring the option of letting employees work four days a week.
Angelo Zino, VP and Senior Equity Analyst at CFRA Research joins Cheddar to discuss the latest news from Apple and what to expect from the iPhone 16. Watch!
Proto Hologram creates interactive, life-sized holograms for live and recorded content, revolutionizing industries like entertainment and communication.
The Verge's Emma Roth joins Cheddar to discuss the iPhone 16, Apple Watch upgrades, all things Airpods and Apple Intelligence. But is it worth the hype? Watch!