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Peter Thiel

Mark Zuckerberg Defenses Peter Thiel Over Donation For Trump's Campaign

Facebook CEO breaks his silence

Facebook chief executive breaks his silence regarding Peter Thiel's controversial donation on Donald Trumps campaign.

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Elon Musk

Elon Musk's Open A.I. reached $1 billion funding in hopes to develop Artificial Intelligence

Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.

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PayPal spawn have advanced where PayPal stood still

PayPal's biggest threat as it prepares to split from eBay (EBAY.O) next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers.

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Apple co-founder Steve Wozniak

Tech moguls raise cash to fight Washington's 'big money problem'

A group of influential Internet moguls aim to fix what they refer to as the "big money problem" in Washington politics by, well, raising cash, forming a Super Political Action Committee (PAC) called Mayday

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AdRoll receives Series C funding round valued USD70 million

AdRoll has taken in USD70 million Series C funding round led by Foundation Capital and other new and existing investors including Institutional Venture Partners, Glenmede, Northgate Capital, Performance Equity, Peter Thiel, Merus Capital and Accel Partners.

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Venture capital money

US venture capitalists breaks fundraising record in 2014's first quarter

Venture capital firms in the US have raised a record-breaking total funding amounting to $8.9 billion in the first quarter of 2014, according to Thomson Reuters and the National Venture Capital Association.

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San Francisco cloud service marketplace AppDirect nabs $35M in Series C funding

San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.

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NZ point-of-sale startup Vend pockets $20M in funding for international expansion

Auckland, New Zealand-based point-of-sale software provider Vend pocketed $20 million in a funding round led by Valar Ventures and Square Peg Capital to expand to North America and Europe.

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Paypal executive Mike Liberatore leaves firm to become CFO of San Francisco payments startup Clinkle

Mike Liberatore, the former head of Paypal's enterprise and North American financials, left the company to become the new Chief Financial Officer (CFO) of San Francisco, US-based payments startup Clinkle.

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Peter Thiel

Facebook backer's venture firm seeks to raise $750M for fifth fund

Peter Thiel, the early investor of Facebook, aims to raise $750 million for its fifth fund, according to a presentation from his venture firm Founders Fund obtained by Bloomberg News.

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Oscar Insurance Corp

New York health insurer Oscar raises $30M in funding

New York City, US-based health insurer Oscar has secured $30 million in a funding round led by the Founders Fund to accelerate its expansion across the country.

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Plat-based food

Startups in food tech develop products to replace basic staples like eggs

Food-related companies like Hampton Creek Foods are seeing a rise in financial support from private equity firms and angel investors in the past few months to develop plant-based alternatives to food like eggs.

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Peter Thiel

Facebook's gain is impatient investors' loss

Facebook Inc's investors including the social media company director Peter Thiel were not confident about the company's performance post-IPO.

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college student

Oregon Introduces its “Pay It Forward” Student Loan Program

Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.

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Visitors walk past an Ebay and PayPal banner at the Mobile World Congress in Barcelona in this February 28, 2012, file photo.  Bill Me Later, one of eBay's fastest-growing businesses, offers credit to online shoppers, letting them pay typically a few mont

Facebook alumni line up $28 million for workplace app Asana

Asana, a Silicon Valley start-up, has lined up $28 million in a financing round led by PayPal co-founder Peter Thiel and his Founders Fund.

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