More stories

  • in

    Venture capitalists including Mark Cuban back Kamala Harris’s campaign

    A group of more than 100 Silicon Valley investors, including Mark Cuban, the TV host and NBA owner, and Reed Hastings, a co-founder of LinkedIn, launched a website in support of Kamala Harris.A statement said vcsforkamala.org expressed support for the presumptive Democratic presidential nominee from “venture capital investors, founders and tech leaders who pledge to vote for Kamala Harris in the 2024 election”.It added: “We spend our days looking for, investing in and supporting entrepreneurs who are building the future. We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress.”The statement did not name the Republican nominee, Donald Trump, or running mate JD Vance.But it pointed to Democratic concerns about the former US president’s and the Ohio senator’s authoritarian impulses on issues including immigration, crime and reproductive rights, and what a second Trump presidency might do to the US’s standing in the world.“We also believe in democracy as the backbone of our nation,” the investors said.“We believe that strong, trustworthy institutions are a feature, not a bug, and that our industry – and every other industry – would collapse without them.“That is what’s at stake in this election. Everything else, we can solve through constructive dialogue with political leaders and institutions willing to talk to us.”It is a little more than a week since Joe Biden withdrew from his re-election campaign after a disastrous debate against Trump fueled concerns that at 81, he was too old to effectively run and serve.Since then Harris, 59, has transformed the presidential race, driving $200m in fundraising with eye-catching big name endorsements including those of Mark Hamill, best known as Luke Skywalker in the Star Wars movie saga, and Jeff Bridges, aka Jeffrey “The Dude” Lebowski.The arrival of VCs for Kamala also pointed to growing rifts among the giants of Silicon Valley, where Vance worked for Peter Thiel, a leading donor to Republicans and propagator of “new right” political thought notable for its authoritarian bent.VCs for Kamala followed Tech for Kamala, an open letter seeking contributions and orchestrated by “technology leaders and innovators”.The Tech for Kamala letter said: “We acknowledge there are a few people in tech with very loud microphones who support a very different vision of the future. But as the names on this letter show, they do not at all represent the entire tech community.“In Vice-President Harris, we choose the future over the past, stability over chaos, a hopeful America with expanded opportunity over an extreme agenda that drags us backward.”On Wednesday, Leslie Feinzaig, founder of the venture capital firm Graham & Walker and a lead organiser of VCs for Kamala, told the New York Times that rightwing, pro-Trump tech moguls such as Thiel, David Sacks and Elon Musk “don’t speak for me”.“They don’t speak for most of us,” she added. “And they don’t speak for the founders.” More

  • in

    Elon Musk, Reid Hoffman and Other Tech Billionaires Brawl Over Politics

    Elon Musk, Reid Hoffman and other tech billionaires, many of whom are part of the “PayPal Mafia,” are openly brawling with one another over politics as tensions rise.Less than an hour after a gunman in Butler, Pa., tried to assassinate Donald J. Trump this month, David Sacks, a venture capitalist based in San Francisco, directed his anger about the incident toward a former colleague.“The Left normalized this,” Mr. Sacks wrote on X, linking to a post about Reid Hoffman, a technology investor and major Democratic donor. Mr. Sacks implied that Mr. Hoffman, a critic of Mr. Trump who had funded a lawsuit accusing the former president of rape and defamation, had helped cause the shooting.Elon Musk, who leads SpaceX and Tesla and previously worked with Mr. Sacks and Mr. Hoffman, then weighed in on X, name-checking Mr. Hoffman and saying people like him “got their dearest wish.”In Silicon Valley, the spectacle of tech billionaire attacking tech billionaire has suddenly exploded, as pro-Trump executives and their Democratic counterparts have openly turned on each other. The brawling has spilled into public view online, at conferences and on podcasts, as debates about the country’s future have turned into personal broadsides.The animus has pit those who once worked side by side and attended each other’s weddings against one another, fraying friendships and alliances that could shift Silicon Valley’s power centers. The fighting has been particularly acute among the “PayPal Mafia,” a wealthy group of tech executives — including Mr. Hoffman, Mr. Musk, Mr. Sacks and the investor Peter Thiel — who worked together at the online payments company in the 1990s and later founded their own companies or turned into high-profile investors.Other tech leaders have also been pulled into the political spats, including Vinod Khosla, a prominent investor, and Marc Andreessen and Ben Horowitz of the Silicon Valley venture firm Andreessen Horowitz.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Silicon Valley wants unfettered control of the tech market. That’s why it’s cosying up to Trump | Evgeny Morozov

    Hardly a week passes without another billionaire endorsing Donald Trump. With Joe Biden proposing a 25% tax on those with assets over $100m (£80m), this is no shock. The real twist? The pro-Trump multimillionaire club now includes a growing number of venture capitalists. Unlike hedge funders or private equity barons, venture capitalists have traditionally held progressive credentials. They’ve styled themselves as the heroes of innovation, and the Democrats have done more to polish their progressive image than anyone else. So why are they now cosying up to Trump?Venture capitalists and Democrats long shared a mutual belief in techno-solutionism – the idea that markets, enhanced by digital technology, could achieve social goods where government policy had failed. Over the past two decades, we’ve been living in the ruins of this utopia. We were promised that social media could topple dictators, that crypto could tackle poverty, and that AI could cure cancer. But the progressive credentials of venture capitalists were only ever skin deep, and now that Biden has adopted a tougher stance on Silicon Valley, VCs are more than happy to support Trump’s Republicans.The Democrats’ romance with techno-solutionism began in the early 1980s. Democrats saw Silicon Valley as the key to boosting environmentalism, worker autonomy and global justice. Venture capitalists, as the financial backers of this new and apparently benign form of capitalism, were crucial to this vision. Whenever Republicans pushed for measures favourable to the VC industry – such as changes in capital gains tax, or the liberalisation of pension fund legislation – Democrats eventually acquiesced. On issues such as intellectual property, Democrats have actively advanced the industry’s agenda.This alliance has shaped how the US now finances innovation. Public institutions such as the National Science Foundation and National Institutes of Health fund basic science, while venture capitalists finance the startups that commercialise it. These startups, in turn, build on intellectual property licensed from recipients of public grants to design apps, gadgets and drugs. A good chunk of these profits, naturally, flows back to the venture capitalists who own a stake in these startups. Thanks to this model, Americans now pay some of the highest drug prices in the world – yet when politicians have tried to curb these egregious outcomes, they have been met with accusations from the VC industry that they’re undermining progress.Venture capitalists have been keen to emphasise the role they play in delivering progress. Through podcasts, conferences and publications, they have successfully recast their interests as those of humanity at large. For a clear distillation of this worldview, look no further than The Techno-Optimist Manifesto, a 5,200-word treatise by Marc Andreessen, co-founder of the VC firm Andreessen Horowitz. Its jarring universalism suggests that all of us – San Francisco’s venture capitalists and homeless alike – are in this together. Andreessen urges readers to join venture capitalists as “allies in the pursuit of technology, abundance, and life”. Yet his text quickly reveals its true colours. “Free markets,” he writes, “are the most effective way to organise a technological economy.” (Andreessen has criticised Biden without endorsing Trump.)Andreessen isn’t celebrating technology in the abstract, but promoting what he calls the “techno-capital machine”. This system allows investors like him to reap most of the rewards of innovation, while steering its direction so that alternative models to Silicon Valley hegemony never achieve the kind of take-up that would allow them to drive out for-profit solutions. Andresseen, like all VCs, never stops to consider that a more effective technological economy might not revolve around free markets at all. How can VCs be so sure that we wouldn’t get a better kind of generative AI, or less destructive social media platforms, by treating data as a collective good?View image in fullscreenThe tragedy is that we won’t be trying anything like this any time soon. We’re shackled by a worldview that has fooled us into thinking there is no alternative to a system that relies on poorly paid workers in the global south to assemble our devices and moderate our content, and that consumes unsustainable volumes of energy to train AI models and mine bitcoin. Even the idea that social media might promote democracy has now been abandoned; instead, tech leaders seem more concerned with evading responsibility for the role their platforms have played in subverting democracy and fanning the flames of genocide.Where do we find the much-needed alternative? While researching my latest podcast, A Sense of Rebellion, I stumbled on a series of debates that took place in the 1970s and pointed in the right direction. Back then, a small group of hippy radicals were advocating for “ecological technology” and “counter-technology”. They weren’t satisfied with merely making existing tools more accessible and transparent: they saw technology as the product of power relations, and wanted to fundamentally alter the system itself. I came across a particularly compelling example of this thinking in a quirky 1971 manifesto published in Radical Software, a small but influential magazine. Its author was anonymous, and signed themselves as “Aquarius Project”, listing only a Berkeley-based postal box. I eventually tracked them down, partly because the points they made in that manifesto are so often lost in today’s debates about Silicon Valley. “‘Technology’ does nothing, creates no problems, has no ‘imperatives’,” they wrote. “Our problem is not ‘Technology’ in the abstract, but specifically capitalist technology.”Being hippies, the group struggled to translate these insights into policy demands. In fact, somebody else had done this three decades earlier. In the late 1940s, the Democratic senator Harley Kilgore saw the dangers of postwar science becoming “the handmaiden for corporate or industrial research”. He envisioned a National Science Foundation (NSF) governed by representatives from unions, consumers, agriculture and industry to ensure technology served social needs and remained in democratic control. Corporations would be forced to share their intellectual property (IP) if they built on public research, and would be prevented from becoming the sole providers of “solutions” to social problems. Yet with its insistence on democratic oversight and sharing IP riches, his model was eventually defeated.Instead, our prevailing approach to innovation has allowed scientists to set their priorities, and does not require companies that benefit from public research to share their IP. As Biden’s Chips Act directs $81bn to the NSF, we must now question if this approach still makes sense. Shouldn’t democratic decision-making guide how this money is spent? And what about the IP created? How much will end up enriching venture capitalists? Similar questions arise with data and AI. Should big tech firms be allowed to use data from public institutions to train privately owned, lucrative AI models? Why not make the data accessible to nonprofits and universities? Why should companies such as OpenAI, backed by venture capital, dominate this space?Today’s AI gold rush is inefficient and irrational. A single, authoritative, publicly owned curator of the data and models behind generative AI could do a better job, saving money and resources. It could charge corporations for access, while providing cheaper access to public media organisations and libraries. Yet the merchants of Silicon Valley are taking us in the opposite direction. They are obsessed with accelerating Andreessen’s “techno-capital machine”, which relies on detaching markets and technologies from democratic control. And, with Trump in the White House, they’ll waste no time repurposing their tools to serve authoritarianism as easily as they served the neoliberal agendas of his Democratic predecessors.Biden and his allies should recognise venture capitalists as a problem, not a solution. The sooner progressive forces get over their fascination with Silicon Valley, the better. This won’t be enough, though: to build a truly progressive techno-public machine, we need to rethink the relationship between science and technology on the one hand and democracy and equality on the other. If that means reopening old, seemingly settled debates, so be it.
    Evgeny Morozov is the author of several books on technology and politics. His latest podcast, A Sense of Rebellion, is available now
    Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. More

  • in

    Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion

    Created by alumni from Meta and Google, Mistral is just a year old and has already raised more than $1 billion from investors, leading to eye-popping valuations.Mistral, a French artificial intelligence start-up, said on Tuesday that it had raised 600 million euros, or about $640 million, from investors, a sign of robust interest in a company seen as Europe’s most promising rival to OpenAI and other Silicon Valley A.I. developers.Mistral is now valued at €5.8 billion, according to a person familiar with the investment, an eye-popping sum for a company founded just one year ago by alumni from Meta and Google. The company’s valuation has roughly tripled since December when it raised €385 million.Investors in the latest round included the venture capital firms General Catalyst, Andreessen Horowitz and Lightspeed Ventures, as well as Nvidia, Samsung, Salesforce, Cisco, IBM and BNP Paribas.Since OpenAI released ChatGPT in November 2022, investors have poured money into generative A.I. technology, which can answer questions in humanlike prose, create images and write software code. Two weeks ago, Elon Musk raised $6 billion for his start-up, xAI. OpenAI has raised roughly $13 billion from Microsoft, while another California start-up, Anthropic, has raised more than $7.3 billion.Mistral has positioned itself as a European alternative to the larger American tech giants and boasts that its products like the chatbot, Le Chat, are strong in a wider range of languages, including English. In contrast to firms like OpenAI and Anthropic, Mistral subscribes to the view that A.I. software should be open source, meaning that the programming codes should be available for anyone to download, copy, tweak and repurpose. Meta has also made its A.I. code open source.In a sign of A.I.’s growing geopolitical significance, President Emmanuel Macron of France and others in the French government have given the company their full-throated support. Mr. Macron has called Mistral a sign of “French genius” and invited the company’s chief executive, Arthur Mensch, to dinner at the presidential palace.On Tuesday, Mr. Mensch said in a statement that the latest investment would help keep the company independent and fuel its expansion. More

  • in

    American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

    A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.A congressional investigation has determined that five American venture capital firms invested more than $1 billion in China’s semiconductor industry since 2001, fueling the growth of a sector that the United States government now regards as a national security threat.Funds supplied by the five firms — GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International — went to more than 150 Chinese companies, according to the report, which was released Thursday by both Republicans and Democrats on the House Select Committee on the Chinese Communist Party.The investments included roughly $180 million that went to Chinese firms that the committee said directly or indirectly support Beijing’s military. That includes companies that the U.S. government has said provide chips for China’s military research, equipment and weapons, such as Semiconductor Manufacturing International Corporation, or SMIC, China’s largest chipmaker.The report by the House committee focuses on investments made before the Biden administration imposed sweeping restrictions aimed at cutting off China’s access to American financing. It does not allege any illegality.Last August, the Biden administration banned U.S. venture capital and private equity firms from investing in Chinese quantum computing, artificial intelligence and advanced semiconductors. It has also imposed worldwide limits on sales of advanced chips and chip-making machines to China, arguing that these technologies could help advance the capabilities of the Chinese military and spy agencies.Since it was established a year ago, the committee has called for raising tariffs on China, targeted Ford Motor and others for doing business with Chinese companies, and spotlighted forced labor concerns involving Chinese shopping sites.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Peter Thiel, Major U.S. Political Donor, Is Said to Pursue Maltese Citizenship

    Obtaining citizenship in Malta would provide another passport for Mr. Thiel, who is one of the largest individual donors for the U.S. midterm elections.VALLETTA, Malta — At the end of a narrow road, past crushed beer cans and the remnants of a chain-link fence, a weathered sandstone building overlooks the Mediterranean coast. The British tourist who answered the door of a third-floor apartment had no idea she was staying at the residence of one of the world’s richest men.Peter Thiel, the billionaire and Republican political patron, has declared the two-bedroom apartment that he rents himself as his address while he works toward a goal he has pursued for about a year: becoming a citizen of the tiny island nation of Malta, according to documents viewed by The New York Times and three people with knowledge of the matter.Mr. Thiel, 55, is in the process of acquiring at least his third passport even as he expands his financial influence over American politics. Since backing Donald J. Trump’s 2016 presidential campaign, the technology investor has become one of the largest individual donors in the midterm elections next month, spending more than $30 million on more than a dozen right-wing Congressional candidates who have decried globalization and pledged to put America first.The Malta apartment building that Mr. Thiel has listed as his residential address on the island.Ryan Mac/The New York TimesMr. Thiel has long expressed deep dissatisfaction with what he perceives as America’s decline, railing against bureaucracy and “a completely deranged government” ruled by elites. To address that, he has funded fellowships to push people to drop out of school and start businesses and supported political candidates who would push the country in his preferred direction.All along, Mr. Thiel has also hedged his bets. That includes obtaining foreign passports — Mr. Thiel was born in Germany and holds American and New Zealand passports — that would let him live abroad. He has sought to build a remote compound in a glacier-carved valley in New Zealand, and supported a “seasteading” group that aims to build a city on floating platforms in international waters, outside the jurisdiction of national governments.Through a spokesman, Mr. Thiel, who co-founded the digital payments company PayPal and was Facebook’s first professional investor, declined to comment. His net worth stands at $4.2 billion, according to Forbes.There is no obvious tax benefit to Mr. Thiel to gaining Maltese citizenship, lawyers and immigration experts said, though wealthy Saudi, Russian and Chinese citizens sometimes seek a passport from the island nation for European Union access and to hedge against social or political turmoil at home.It is unclear why Mr. Thiel’s nominal residence in Malta is listed as a 185 euro-a-night vacation rental on Airbnb. Maltese naturalization laws are straightforward for those who can pay more than €500,000 for a passport, but they prohibit would-be citizens from renting out their official residences while their passport application is pending.What is clear is that a Maltese passport would give Mr. Thiel an escape hatch from the United States if his spending doesn’t change the country to his liking. He has started developing business connections in Malta, and is a major shareholder in at least one company registered there in which his husband, Matt Danzeisen, is a director.Mr. Thiel has backed his friend J.D. Vance, who is running for the Senate in Ohio. Mr. Thiel previously employed Mr. Vance.Scott McIntyre for The New York TimesIn the United States, the bulk of Mr. Thiel’s political donations have gone to support two friends who previously worked for him: J.D. Vance, a Republican running for Ohio’s open Senate seat, and Blake Masters, the Republican challenger in Arizona to Senator Mark Kelly. Mr. Vance worked at Mithril Capital, one of Mr. Thiel’s investment funds. Mr. Masters was chief operating officer of Thiel Capital, the billionaire’s family office.Both candidates have espoused a form of nationalism that, in part, blames globalization and leaders’ involvement in international affairs for American stagnation. Mr. Thiel has endorsed that worldview with his money and in speeches, including one at the National Conservatism Conference last year where he called nationalism “a corrective” to the “brain-dead, one-world state” of globalism.The State of the 2022 Midterm ElectionsWith the primaries over, both parties are shifting their focus to the general election on Nov. 8.The Final Stretch: With less than one month until Election Day, Republicans remain favored to take over the House, but momentum in the pitched battle for the Senate has seesawed back and forth.A Surprising Battleground: New York has emerged from a haywire redistricting cycle as perhaps the most consequential congressional battleground in the country. For Democrats, the uncertainty is particularly jarring.Arizona’s Governor’s Race: Democrats are openly expressing their alarm that Katie Hobbs, the party’s nominee for governor in the state, is fumbling a chance to defeat Kari Lake in one of the most closely watched races.Herschel Walker: The Republican Senate nominee in Georgia reportedly paid for an ex-girlfriend’s abortion, but members of his party have learned to tolerate his behavior.“In order for there to be any chance of reversing the wrong direction in which the country has been heading, in Arizona this year it’s Blake or bust,” he wrote in an endorsement on Mr. Masters’s website. Mr. Thiel has supported Mr. Masters’s run by hosting fund-raising dinners and spending $15 million.Mr. Masters was Thiel Capital’s chief operating officer when Mr. Thiel began his Maltese citizenship application. A spokeswoman for Mr. Masters, who left Thiel Capital in March, didn’t respond to questions for comment.Mr. Thiel has also supported the campaign of Blake Masters, who is challenging for one of Arizona’s Senate seats. Mr. Masters previously served as chief operating officer of Thiel Capital, Mr. Thiel’s family office.Adriana Zehbrauskas for The New York TimesMalta, located in the Mediterranean between Europe and North Africa, has been a destination for traders and crusaders for centuries. Outside powers controlled it until 1964; since it gained independence from Britain, it has struggled to build a sustainable economy. The island, which has little industry and few natural resources, joined the European Union in 2004.Malta has found a lucrative economic lever in selling passports. Since 2013, the country’s investor citizenship programs have granted around 2,000 applicants and their families passports, generating millions of euros in revenue.Those offered citizenship on a fast-track route must pay €750,000 into a government fund and maintain a rental or purchased property throughout the 12-month application period and for at least five years after receiving a passport. After that, citizens are no longer required to maintain a residence or live in Malta, which has a population of just over 500,000.Joseph Muscat, Malta’s prime minister who resigned in 2019 amid protests about corruption and the murder of a journalist who was critical of his government, called the passport program “an insurance policy” for wealthy individuals “where they feel there is a great deal of volatility.”“It’s straightforward,” he said. “You pay into a national fund, and the national fund uses that money for infrastructure and for social housing.”The Auberge de Castille, the office of Malta’s prime minister.Darrin Zammit Lupi/ReutersMalta’s fast track for citizenship by investment, or what’s more commonly known as “golden passports,” can take from 12 to 16 months, according to Henley & Partners, a consultancy that developed the Maltese program and helps clients obtain passports around the globe.“We traditionally have had many Americans looking at that, and of those, quite a lot are from the tech sector,” said Christian Kaelin, Henley’s chairman. European Union officials have criticized Malta’s golden passport program. Last month, the European Commission referred Malta to the union’s Court of Justice over the program, noting that citizenship in return for payments “is not compatible with the principle of sincere cooperation” within the bloc. Maltese officials have signaled they will contest any legal challenge.Joseph Mizzi, the head of Community Malta, the agency responsible for selling passports, declined to comment on Mr. Thiel’s application.Mr. Thiel has laid the groundwork for life outside the United States for years. In 2011, he obtained a New Zealand passport after donating 1 million New Zealand dollars to an earthquake relief fund in the country.There is “no other country that aligns more with my view of the future than New Zealand,” he wrote in his passport application, which the local government released in 2017 after reporting from The New Zealand Herald. The news provoked outrage that lawmakers were selling citizenship.Mr. Thiel donated money to Donald J. Trump’s presidential campaign in 2016. Mr. Thiel met with Mr. Trump and Mike Pence at Trump Tower that year.Drew Angerer/Getty ImagesMr. Thiel is going through a similar process in Malta, where he has started laying down business roots. He is an investor in a Malta-based venture fund, Elevat3 Capital, run by Christian Angermayer, a German investor, according to the firm.A spokesman for Mr. Angermayer, who has based his family office and other business ventures in Malta, did not respond to requests for comment.In early 2021, Thiel Capital also became a shareholder in a Malta entity through a byzantine series of developments. The deal involved Coru, a Mexican online financial advice start-up, which has a parent company incorporated in London.Entities controlled by Mr. Thiel and Mr. Danzeisen, his husband, were among Coru’s biggest owners, corporate filings show. The start-up needed additional funding in late 2020, but its investors could not reach an agreement to put more cash in, said two former investors. The company went into administration, the equivalent of bankruptcy.Around that time, Mr. Thiel, Mr. Danzeisen and several other Coru investors established a company in Malta called EUM Holdings Melite Ltd., Maltese records show. That company bought Coru’s shares out of administration for about $100,000, according to British records. The records do not detail EUM’s business activities.Now Coru is owned by EUM. Its shareholders include Mr. Thiel, Mr. Danzeisen, Richard Li — a son of Hong Kong’s richest man, Li Ka-shing — and a group with a former Nicaraguan government official and a scion of the Spanish family that made a fortune selling Lladró porcelain figurines.Mr. Thiel began exploring Maltese citizenship around that time, said people familiar with the process. By late 2021, documents show, he was far along in the application process and retained an agency that fielded questions from the Maltese government about his businesses and political activities.The questions included Mr. Thiel’s role with Palantir Technologies, a data analytics company he founded that works with governments and corporations, and his political activity supporting Mr. Trump.As he applies for Maltese citizenship, Mr. Thiel has cited a two-bedroom apartment in Valletta, Malta’s capital, as a residential address. The apartment is also listed on Airbnb as a short-term vacation rental.Maltese government documents seen by The Times show Mr. Thiel and Mr. Danzeisen listing the apartment in Valletta, the capital, as their address on the island.On a recent visit to the apartment by a Times reporter, a tourist opened the door and said a family member had booked the flat via a short-term rental service. The Times identified a listing for a “2BR Seafront Executive Penthouse” on Airbnb that used Mr. Thiel’s address.Maltese property records show the apartment is owned by Andrew Zammit, a Malta-based lawyer whose firm works on citizenship applications. Mr. Zammit’s wife was named as the host of the Airbnb listing.Mr. Zammit declined to say if he had rented the flat to Mr. Thiel or if the billionaire was applying for a Maltese passport. He also declined to say why the apartment was listed on Airbnb. Within days after The Times inquired about the Airbnb listing, it was made unavailable for future rentals. More