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Peter Thiel speaking at the 2016 Republican National Convention. Photo: Alex Wong/Getty Images

Peter Thiel, billionaire investor and Facebook board member, on Sunday night said that Google should be federally investigated for allegedly aiding the Chinese military.

Why it matters: Thiel is the tech industry's highest-profile Trump supporter, and one of the most powerful players in Silicon Valley.

Thiel spoke at the National Conservatism Conference, a new event that bills itself as being focused on Trump-era nationalism, with part of his speech focusing on "three questions that should be asked" of Google:

"Number one, how many foreign intelligence agencies have infiltrated your Manhattan Project for AI?
"Number two, does Google's senior management consider itself to have been thoroughly infiltrated by Chinese intelligence?
"Number three, is it because they consider themselves to be so thoroughly infiltrated that they have engaged in the seemingly treasonous decision to work with the Chinese military and not with the US military... because they are making the sort of bad, short-term rationalistic [decision] that if the technology doesn't go out the front door, it gets stolen out the backdoor anyway?"

He also added that those questions "need to be asked by the FBI, by the CIA, and I'm not sure quite how to put this, I would like them to be asked in a not excessively gentle manner."

Thiel did not specifically mention Facebook, but it likely will be mentioned by later speakers at the conference, including Fox News host Tucker Carlson, who has agitated against big tech on the air, and Sen. Josh Hawley (R-Mo.), who is seeking to strip major web platforms of certain legal protections.

Go deeper

A scary, but normal market phenomenon

Illustration: Rae Cook/Axios

The S&P 500 is just below its record high. But most stocks in the index are actually down significantly, which has some concerned.

Why it matters: This implies that the gains driving the market index to record highs are not evenly distributed. But, it’s also not an unusual dynamic in the S&P’s recent history.

2 hours ago - World

Putin isolating after members of inner circle contract coronavirus

Russian President Vladimir Putin speaking in Moscow on Sept. 13. Photo: Mikhail Svetlov/Getty Images

Russian President Vladimir Putin will isolate himself for an undisclosed amount of time after people in his inner circle tested positive for the coronavirus, the Kremlin said Tuesday.

Why it matters: Putin has tested negative for the virus and received his second dose of the Russian coronavirus vaccine, Sputnik V, in April, according to ABC News.

Privacy advocate will be new Big Tech threat at FTC

Photo illustration: Aïda Amer/Axios. Photo: Ty B Photos

The Biden administration sent another warning to Big Tech on Monday in nominating longtime privacy advocate Alvaro Bedoya to the Federal Trade Commission.

Why it matters: Bedoya's expertise on data collection and surveillance, combined with Biden's pick to lead the FTC, tech antitrust legal scholar Lina Khan, signals aggressive action from both the consumer protection and antitrust arms of the agency.