PayPal Co-Founder Donates $1.25 Million To Trump Campaign
Paypal Co-Founder Peter Thiel donated $1.25 million to Donald Trump´s political campaign, despite the controversies surrounding the Republican nominee during the last weeks. This was the first time that the tech millionaire donated money for the candidate.
According to Tech Crunch, what seems to be the most surprising fact about this situation is that Thiel is giving a massive donation to Trump´s campaign just a few days before the elections, in a moment where the Republican candidate is facing strong reprobation by the American media.
Thiel's Standing Is Silicon Valley At Risk?
Considering Silicon Valley´s Anti-Trump political stance, this action might affect Thiel´s relationship with the biggest names in the tech industry. Thiel recently he became an adviser to Y Combinator, whose founder Paul Graham openly showed his opposition against the Republican nominee.
Another major issue for the PayPal co-founder is that he´s a member of Facebook´s board, and Mark Zuckerberg has strongly criticized Trump as well, as reported by Fortune. Thus, supporting Trump at this point in the race might be a serious miscalculation on Thiel's part.
Donating For Donald Trump Is A Risky Business
The fact that the tech center has been previously accused of marginalizing women and minorities has turned Thiel´s donation into a major threat to its image. After all, numerous efforts by Silicon Valley have been made to prevent it from being related to bigotry and discrimination.
Although Donald Trump is not completely ruled out of the presidential elections, some analysts believe that this donation might be extremely risky for Thiel, considering that the Republican candidate is at his worst time since he went to the primaries. According to Fortune, the Thiel's donation will be given through Super PACs and directly to Trump´s campaign.
Unpredictable Consequences In Silicon Valley
Peter Thiel is a rabid libertarian known for being a tech billionaire who was one of the earliest investors in Facebook. Thiel was also known for his interest in floating cities far from the reach of governments and for funding Hulk Hogan´s lawsuit against Gawker, which ended with the media firm going bankrupt.
Giving the fact that many members of Silicon Valley have also made million-dollar donations to Hillary Clinton, Thiel is the only one who has endorsed Donald Trump. With this latest development, the outcome of the U.S. presidential elections just got a lot more interesting.
WikiLeaks Reveals $1 Million Birthday Gift Check To Bill Clinton From Qatar
The new information could harm Hilary Clinton´s image for the elections, with Julian Assange promising to publish every single email before November 8.
WikiLeaks Releases 2,086 Hacked Emails From Clinton´s Campaign Chairman
These releases might determine the U.S. presidential elections, since there are documents that could reduce Hillary Clinton´s popularity. Trump could take advantage of this situation in the next debate.
Hackers Target SWIFT Users Using Bangladesh Heist Methods
The hackers could be the cybercriminal group Carbanak, which has stolen over than $1billion around the world.
‘South Park’ Drops Donald Trump, Goes Back To Being Kids In Next Season
Trey Parker has revealed that they're ditching Donald Trump in the next season of "South Park" to bring back the old school fun of being crazy kids.
Trump Leaves Paris Climate Deal Amid Warnings From Tesla, Apple, Facebook And Google
Donald Trump has been met with disdain by numerous tech leaders and the whole world, for that matter, after his decision to pull the United States out of the Paris Agreement.
MORE IN ITECHPOST
List of the Best Resources for Students: Study Anything Online
We live in a world full of new opportunities, and more and more people join the internet community in order to study what they are interested in. If you are willing to become better at topics you study in school, university, or just by yourself.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
How to Download Free Android Emulator for Gaming on PC?
Are you looking to play Android games on PC with the help of the best Android emulator? There are numerous types of online platform which provide user friendly access and support for the interested communities to get immediate access to install their best recommended Android applications.
Learn About Some of the Most Popular Hobbies
We all need our downtime. It helps us recuperate, calm down and manage stress. However, if you want to use your spare time constructively, it is important to decide on what. You may need to look around for something relaxing to help you forget the worries of the world. From stamp collecting and reading to piano playing and camping, here are some of the most popular hobbies in the world to try.