Silicon Valley - Page 27

Snap IPO Warning: Ex-Employee Says Books Are Cooked

Snapchat’s social media parent, Snap, Inc., seemed headed for a $5 billion IPO until a former employee alleged in a conveniently timed lawsuit that the company misrepresented its financial position and pressured him for proprietary secrets about his former employer, Facebook.

snapchat-AFP

Peter Thiel Says Silicon Valley Failed America

Silicon Valley leaders are befuddled as both political parties — and venture capital giant Peter Thiel — are rejecting their agenda, which includes the Trans-Pacific Partnership, expanded H1-B immigration visas, new autonomous vehicles regulations, and “gig economy” worker reclassification.

Peter Thiel (Saul Loeb / AFP / Getty)

Peter Thiel Doubling Down with Big Trump Speech

With Peter Thiel already infuriating Silicon Valley’s crony capitalist liberals by donating $1.25 million to Republican Donald Trump’s campaign, he is preparing to double-down by giving a Halloween keynote speech likening Trump to a Silicon Valley entrepreneur.

Peter Thiel APCarolyn Kaster