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.
United Airlines said Tuesday it repaired a technology glitch that had forced it to halt departures nationwide, briefly crippling one of the nation's biggest carriers on a busy travel day.
The top prosecutors in all 50 states are urging Congress to study how artificial intelligence can be used to exploit children through pornography, and come up with legislation to further guard against it.
