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.

Share:
More In Technology
Would You Let AI Into Your Bathroom?
From flush to brush, AI is taking over our bathroom. Discover how this latest smart tech is both revolutionizing our daily routines and improving our health
How AI Could Save Your Pet's Life
Is your pet's new best friend a robot? From smart collars to AI-powered food bowls, explore the latest in animal care technology from CES 2026
Best of CES 2026: Cars of the Future!
Tensor's Robocar will make you money while you sleep. Sony Honda's Afeela 1 blurs the line between car and companion. Welcome to the future of automotive tech
Best of CES 2026: Rise of the Robots!
From autonomous bots keeping airports running to humanoids that might become your best friend, take an exclusive look at the machines redefining how we live
Load More