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A wind advisory in effect for Victoria Region

See the complete list

WEATHER ALERT

A wind advisory in effect for Victoria Region

PETER THIEL


Bank runs used to be slow. The digital era sped them up

What made the failure of Silicon Valley Bank unique compared to past failures of large banks was how quickly it collapsed.

Can the chaos from Silicon Valley Bank's fall be contained?

Can Washington come to the rescue of Silicon Valley Bank's depositors.

Why the Quest for Nuclear Fusion Is More Urgent Than Ever

Nuclear fusion is 30 years away and always will be, physicists have long joked. But its allure has never diminished: the prospect of harnessing the fuel that makes stars shine to produce clean, cheap and perhaps limitless electricity. Now, climate change and skyrocketing energy costs are making the quest more urgent than ever. That’s a big reason why a wave of startups backed by some of the world’s best minds and richest investors are focusing on what the late physicist Stephen Hawking called hu

washingtonpost.com

The Washington Post

Nuclear fusion is 30 years away and always will be, physicists have long joked. But its allure has never diminished: the prospect of harnessing the fuel that makes stars shine to produce clean, cheap and perhaps limitless electricity. Now, climate change and skyrocketing energy costs are making the quest more urgent than ever. That’s a big reason why a wave of startups backed by some of the world’s best minds and richest investors are focusing on what the late physicist Stephen Hawking called hu

washingtonpost.com

Palantir Failed to Spot Pattern in SPAC Debacle

The data-analysis company aimed to use deals with startups to jumpstart its non-government business. There were some misfires.

washingtonpost.com

Peter Thiel's picks Masters, Vance split key Senate races in Arizona, Ohio after billionaire spent $32 million on 2022 midterms

Billionaire Peter Thiel spent $32 million in the midterms, and his picks in Senate races in Arizona and Ohio, Blake Masters and J.D. Vance, saw mixed results.

cnbc.com

Sen. Mark Kelly takes early lead in battleground Arizona

Arizona Sen. Mark Kelly led his Republican rival, venture capitalist Blake Masters, but the race that could determine which party controls the U.S. Senate was too early to call.

Election takeaways, take 2: Congress control on knife's edge

Wednesday was a day for sorting, sifting and framing of an expensive, exhaustive and highly negative midterm election campaign.

Musk's partisan tweets call Twitter neutrality into question

Elon Musk used his Twitter megaphone to appeal to “independent-minded voters” on Monday, urging them to vote Republican in Tuesday’s U.S. midterm elections, stepping into the country’s political debate that tech company executives have for years worked to stay out of so their platforms wouldn’t be seen as favoring one side over the other.

Far-right GOP skeptics may soon have a state’s worth of Senate power

Tucker Carlson, Peter Thiel, Blake Masters and J.D. Vance are the core of a new, right-wing force in politics.

washingtonpost.com

Peter Thiel to put more money behind Masters as McConnell group balks

Thiel, who initially resisted contributing more than $15 million, is now eyeing another cash infusion up to $5 million.

washingtonpost.com

Ohio Senate debate with Ryan, Vance descends into attacks

The first debate between Democratic U.S. Rep. Tim Ryan and Republican JD Vance descended quickly into attacks.

Kelly criticizes Biden, Masters backtracks in Senate debate

Democratic Sen. Mark Kelly distanced himself from President Joe Biden during his first and only debate against Republican Blake Masters on Thursday.

GOP megadonor Peter Thiel signals he is done helping Ohio Senate hopeful J.D. Vance, will fundraise for Arizona's Blake Masters

GOP megadonor Peter Thiel is signaling he wants to help Arizona Senate hopeful Blake Masters down the stretch of the 2022 midterms and not Ohio's J.D. Vance.

cnbc.com

GOP megadonor Peter Thiel to host fundraiser for Arizona Senate candidate Blake Masters

The invite lists Thiel as the host for the Masters campaign event and says the gathering is set to take place on Sept. 30 at his $5 million home in Los Angeles.

cnbc.com

In Miami, the post-Trump populist right speaks to its base — and courts donors

On the surface, the National Conservatism Conference looked like an attempt to appeal to the Republican Party's right-wing base. But veteran GOP operatives saw a second conference just below the surface: a play for money.

news.yahoo.com

Peter Thiel rebuffs Mitch McConnell over Senate rescue in Arizona

The Senate minority leader and the billionaire venture capitalist each say the other should be subsidizing Blake Masters in the final months of his campaign.

washingtonpost.com

GOP leaders warn Arizona Senate candidate Blake Masters to raise more money — or risk losing to Democrat Mark Kelly

Republican leaders and megadonors have privately called on Blake Masters to start improving his fundraising operation or risk losing to Democrat Mark Kelly.

cnbc.com

'No pronouns necessary:' Kayleigh McEnany's sister is promoting a right-wing dating app created by former Trump White House staffers

Ryann McEnany, ex-White House press secretary Kayleigh McEnany's sister, said in a video it's for "people who see the world our way: the right way."

news.yahoo.com

Former Trump staffer launching conservative dating app The Right Stuff

Only men and women can join the invitation-only app, and users cannot list their preferred pronouns.

cbsnews.com

Elon Musk teases his own new social media site X.com

Elon Musk, in a lawsuit with Twitter, cryptically tweeted about x.com, which could become the billionaire's new social media platform.

mysanantonio.com

Republicans Have a Recruiting Problem

Trump’s influence elevates weak candidates while deterring other conservatives from seeking office.

washingtonpost.com

Blake Masters and Kari Lake are not the same kind of Republican

Both got Trump's endorsement. Only one is a Trump-style candidate.

washingtonpost.com

Blake Masters, Trump pick funded by billionaire Thiel, wins Arizona Senate primary

Masters, who beat out a crowded field of primary contenders, will face Democratic Sen. Mark Kelly in November in one of the most closely watched races.

npr.org

Blake Masters, ultra-MAGA Republican who blamed gun violence on 'Black people,' wins Arizona Senate primary

GOP primary voters have repeatedly nominated candidates who could prove too extreme to be electable — and who risk blowing otherwise very winnable midterm contests because of it. Arizona may now be ground zero for this phenomenon.

news.yahoo.com

Twitter is probing Elon Musk’s social circle in broad legal requests

Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson, all buddies of Elon Musk.

washingtonpost.com

What to watch in primaries in Arizona, Michigan, elsewhere

Primary elections are being held in six states on Tuesday.

Fealty to Trump defines Republican Senate primary in Arizona

The race for Arizona Senate doesn't fit easily into the Donald Trump vs.

Arizona Senate candidate embraces Trump’s extreme style

Blake Masters’s showing in the Aug. 2 primary will mark the next big test of the “New Right," whose members preach economic populism, nationalism and conservative social values and pride themselves on challenging political taboos.

washingtonpost.com

Trump-Backed Senate Candidate Scorched By The Best Man At His Wedding

"As someone who loves and used to respect you: What happened to you?” the best man from Blake Masters' wedding asked him.

news.yahoo.com

Crypto lender Nexo offers to buy embattled rival Vauld as market consolidates

Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."

cnbc.com

Arizona GOP Senate candidates hold debate as negative ads overtake airwaves

Attorney General Mark Brnovich, businessman Jim Lamon and venture capitalist Blake Masters lobbed attacks in person as each campaign amped up attacks on TV.

cbsnews.com

Peter Thiel helped build big tech. Now he wants to tear it all down.

Inside the billionaire investor’s journey from Facebook board member to an architect of the new American right

washingtonpost.com

BlockFi, the Peter Thiel-backed crypto lending start-up, cuts 20% of its staff as bitcoin plunges

Popular crypto lender BlockFi is cutting around 20% of its staff after the "dramatic shift in macroeconomic conditions."

cnbc.com

Peter Thiel bitcoin fellow Erik Finman tries to sway 2022 midterms with up to $20 million for GOP campaigns

Erik Finman, 23, plans to donate $10 million toward GOP campaigns, including Saving Arizona PAC, which is backing Arizona GOP Senate candidate Blake Masters.

cnbc.com

Blake Masters perfects the right’s approach to racial politics

He blames Black Americans for gun violence as he laments the left's focus on race and disparages "critical race theory."

washingtonpost.com

Trump backs Arizona candidate who echoes 2020 election lies

Donald Trump has endorsed investor Blake Masters in the crowded Republican Senate primary in Arizona.

Stocks making the biggest moves midday: Palantir, Rivian, Uber and more

These are the stocks posting the largest moves in midday trading.

cnbc.com

Trump, emboldened after Ohio victory, faces challenges ahead

Former President Donald Trump enters the next stretch of the midterm campaign emboldened by primary victories but facing new risks.

What J. D. Vance’s Victory in the Ohio Republican Primary Means for Trumpism

The “Hillbilly Elegy” author will be a strong favorite in the race for the U.S. Senate, where he would become one of its youngest and most controversial members.

newyorker.com

Peter Thiel's luxury New Zealand lodge should be rejected, council planner says

Peter Thiel's proposed lodge in New Zealand hangs in the balance after a senior planner for the local council said the development should be rejected.

cnbc.com

Elon Musk told Alexandria Ocasio-Cortez 'stop hitting on me' after she posted a scathing tweet about a tech 'billionaire with an ego problem'

"I was talking about Zuckerberg but ok," Rep. Alexandria Ocasio-Cortez replied to Elon Musk in a now-deleted tweet.

news.yahoo.com

Millionaire candidates pour cash into Ohio, Pa. Senate races

Millionaire candidates and billionaire investors are harnessing their considerable personal wealth to try to win competitive Republican primaries for open U.S. Senate seats in Pennsylvania and Ohio.

Trump drawn to celebrity in weighing midterm endorsements

Republicans hoping to emerge from crowded primaries this year have spent tens of thousands of dollars hiring operatives with ties to former President Donald Trump.

Trump's Oz, Vance endorsements bring cash windfall, backlash

Former President Donald Trump’s late endorsements in hypercompetitive Republican Senate primaries in Ohio and Pennsylvania have unlocked a flood of support for his chosen candidates.

Why billionaires Mark Zuckerberg, Jeff Bezos and Peter Thiel want to live longer — and Elon Musk doesn't

Tech billionaires are investing in start-ups focused on anti-aging, life-prolonging and other forms of longevity research. Here's why Elon Musk isn't among them.

cnbc.com

Ron Insana: Peter Thiel's 'sociopaths' know something he doesn't

Thiel's highly personal attack on Buffett, Dimon and Fink does nothing to make the case for bitcoin.

cnbc.com

Peter Thiel calls Warren Buffett a 'sociopathic grandpa from Omaha' and bitcoin's 'enemy number one'

At a bitcoin conference in Miami, Peter Thiel went on a rant about financial opinion leaders who he says are trying to stop the cryptocurrency.

cnbc.com

Trump’s Truth Social in trouble as financial, technical woes mount

Here’s a truth former president Donald Trump doesn’t want to hear: His social network, Truth Social, has begun to implode.

washingtonpost.com

Russia business deals muddy GOP US Senate primary in Ohio

Several Republicans competing for the party’s nomination to run for U.S. Senate in Ohio are facing scrutiny for their ties to Russia as the country intensifies its war against Ukraine.

Peter Thiel-backed crypto start-up BlockFi to pay $100 million in settlement with SEC, 32 states

BlockFi has agreed to pay $100 million to the Securities and Exchange Commission and 32 states to settle charges related to its retail crypto lending product.

cnbc.com

How a Young Couple Failed to Launder Billions of Dollars in Stolen Bitcoin

The case against Ilya Lichtenstein and Heather Morgan describes a big crime followed by a series of frustrations.

newyorker.com

Peter Thiel leaving board of Facebook parent Meta

A Silicon Valley billionaire and advisor to former President Donald Trump is leaving the board of directors of Facebook parent company Meta.

Peter Thiel to step down from Facebook board

Thiel, an early Facebook investor, will not stand for re-election to the board at the company's 2022 annual stockholders' meeting.

cnbc.com

MoneyWatch: Stocks rise on last day of rough January

Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.

news.yahoo.com

Investors Need to Get a Lot Smarter About FinTech

Rapid product rollouts, a slick user interface or innovative technology are often cited as key competitive advantages, but these are not strategies in themselves.

washingtonpost.com

GOP senate candidates allege Facebook's Zuckerberg spent millions to 'buy the presidency' for Biden — but there's not much backing up the claim

Two high-profile Republican candidates for the U.S. Senate, both of them close to tech entrepreneur Peter Thiel, are supporting an effort to merge former President Donald Trump’s lies about a stolen 2020 election with accusations of meddling against Facebook CEO Mark Zuckerberg.

news.yahoo.com

Peter Thiel-backed psychedelic start-up increases stake in Compass Pathways

Atai Life Sciences, the Peter Thiel-backed psychedelic start-up, has increased its stake in Compass Pathways.

cnbc.com

J.D. Vance, an ally of tech investor Peter Thiel, made almost $1 million in the period before he launched his Ohio Senate campaign

"Hillbilly Elegy" author and venture capitalist J.D. Vance made almost $1 million in the buildup to his campaign for Ohio's Senate seat.

cnbc.com

Billionaires like Peter Thiel may be spared big IRA tax bill in latest Build Back Better plan

The latest Build Back Better plan issued Wednesday would exempt certain Roth IRA withdrawals from income tax, unlike an earlier version.

cnbc.com

Why Big Tech Wants (Some) Facial Recognition Rules

The world’s biggest technology companies can usually be counted on to oppose rules reining in new products, but some have been making an exception for facial recognition software. That’s not to say that any consensus has developed on this rapidly developing branch of artificial intelligence: The European Union and cities and states across the U.S. are taking up a wide range of ideas for restrictions or outright bans, including many that go further than the tech companies want. Globally, there’s

washingtonpost.com

Miami mayor seeks 2nd term as he raises national profile

Miami Mayor Francis Suarez is hoping to easily secure a second term Tuesday.

What Is It About Peter Thiel?

The billionaire venture capitalist has fans and followers. What are they looking for?

newyorker.com

Palantir's Peter Thiel thinks people should be concerned about surveillance AI

Tech billionaire Peter Thiel said this week that people should be more worried about "surveillance AI" than artificial general intelligences.

cnbc.com

Tech billionaire Peter Thiel says he ‘underinvested’ in bitcoin

Peter Thiel, the co-founder of PayPal and Palantir, reportedly said he feels like he's underinvested in bitcoin as the cryptocurrency reached an all time high.

cnbc.com

Peter Thiel's luxury New Zealand lodge opposed by environmental group

Peter Thiel's proposed luxury lodge in New Zealand has been opposed by a local environmental group who believe it is "inappropriate" for the natural landscape.

cnbc.com

How a middle-class retirement plan became a tax dodge for the rich

The "backdoor" Roth IRA lets wealthy Americans amass fortunes virtually tax-free. Now lawmakers want to stop them.

cbsnews.com

'Hillbilly Elegy' author JD Vance joins US Senate campaign

The venture capitalist and author of “Hillbilly Elegy” has joined the crowded Republican race for the Ohio U.S. Senate seat being left by Rob Portman.

'Hillbilly' to Capitol Hill? Author eyes Senate bid in Ohio

“Hillbilly Elegy” author J.

Secretive Palantir lifts veil before Wall Street stock sale

It cited revenues of $481 million for the first half of 2020, up 49% from the year-ago period. The document indicated that Denver-based Palantir will sell stock some time this year but did not specify a date. In the filing, Palantir said it believes current instability including systematic failures of government institutions to provide for the public present a growth opportunity for its business. Palantir initially filed for the stock sale confidentially on July 6. Under the stock listing, the documents say, control of Palantir will be concentrated with the companys founders through the designation of a new category of stock.

GOP leaders can't bank on Trump's help in Kansas Senate race

(AP Photo/John Hanna)HOLTON, Kan. Establishment Republican leaders are scrambling to pull out a win in a tense party battle for the nomination in the Kansas Senate race, and they won't be able to count on last-minute help from President Donald Trump. Trump's neutrality leaves the Kansas primary heading to a tight finish Tuesday under a barrage of attack ads from political action committees. Thats why the Senate race is so important in Kansas.Republican leaders have been trying to avoid a Kobach nomination for seven months, but the stakes have increased in recent weeks. The once-safe seat in a state where Republicans have won every Senate race since 1932 now looks shaky and a loss the GOP can't afford. In Kansas, Kobach has played up his ties to the president even without an endorsement.

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