According to a long-in-the-works report from <Vanity Fair, Peter Thiel is in discussions to head what one insider described as the "only meaningful executive-branch oversight of the intelligence community." Numerous officials, including Steve Bannon, confirmed this, and one of Thiel's chief concerns is reportedly the sweeping powers that companies like Google and Amazon have amassed.
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According to a new Washington Post report, PayPal cofounder and Donald Trump transition team member Peter Thiel has been privately approaching other Silicon Valley entrepreneurs in recent days, asking them to advise the President-elect and possibly join his administration.
In 2006, then-New York City mayor Michael Bloomberg issued an executive order establishing the Office of Special Enforcement, a citywide agency responsible for enforcing "quality of life" regulations -- a nebulous, ideologically charged concept that refers to anything from music venues with too many noise complaints to nightclubs that facilitate prostitution to decrepit structures that pose a fire hazard.
Palantir Technologies, the Peter Thiel-founded company known for its air of mystery and beer pong-friendly culture, has filed a lawsuit against early investor Marc Abramowitz, claiming he stole company secrets for his own gain and deceived company executives.
Palantir is one of the most secretive tech firms in Silicon Valley. Its clients include the FBI, the NSA and the CIA, as well as companies like JPMorgan Chase, Walmart and Credit Suisse. The 12-year-old big data firm has received $US2.7 billion ($3.6 billion) in funding, and at a valuation of $US25 billion ($33.5 billion), it's considered the fourth most valuable startup in the world behind Uber, Xiaomi and Airbnb.