'The Right Stuff' app is set to launch this summer as a way for conservatives living in large, liberal-leaning cities to connect with one another.
Thiel's net worth is estimated at $2.6 billion but political scientists have told Newsweek he is not likely to donate "game-changing amounts" to GOP contenders.
The billionaire and PayPal founder is reported to be leaving Facebook's parent company to back candidates who follow the former president's views and polices.
Thiel will reportedly focus his energy on supporting conservative political candidates for the 2022 midterm elections.
Blake Masters, who is reportedly backed by billionaire tech mogul Peter Thiel, made the comments at a rally where he was addressing critical race theory .
Palantir, tech billionaire Peter Thiel's mysterious data analysis company, completed its first day as a publicly-traded company on the New York Stock Exchange on Wednesday.
Thiel's donation may be a sign of the PayPal co-founder's continued support for Republican causes after months of being quiet amid the midterm campaigns.
An initial investigation determined that "serious noncompliance with regulatory requirements and institutional policies and procedures occurred" during its trial.
Hulk Hogan, Peter Thiel and the sex tape that brought down the gossip site are part of a larger story about freedom of the press.
Thiel was granted citizenship despite not meeting the normal requirements.
The billionaire who was secretly financing lawsuits against Gawker is staying put on Facebook's board.
The finances behind Hulk Hogan's suit against Gawker and AI's ability to "create" art are among the things we learned in Tech & Science this week.
Amid allegation that Facebook suppressed conservative news topics, political donation data shows that Facebook donated more money to Republicans than Democrats.
The venture capitalist also has strong feelings about Apple, Uber, and Google in a CNBC interview.