Thiel, a major donor to the Republican party, was seen by critics as part of the reason why Facebook did not censor Trump
Peter Thiel, the co-founder of PayPal and Palantir Technologies, is stepping down from the board of Facebook’s parent company, Meta, after 17 years.
Thiel, Facebook’s longest-serving board member and a major donor to the Republican party, plans to focus on backing Donald Trump’s allies in the November midterm elections, according to the New York Times. He recently donated $10m each to the Senate campaigns of Blake Masters, who is running for a seat in Arizona, and JD Vance, who is running in Ohio. Masters is the chief operating officer of Thiel’s family office and Vance used to work at one of Thiel’s venture funds.
Continue reading…
