Palantir says activist criticism could hurt its business - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Secretive surveillance company Palantir says activists' criticisms could hurt its business — but so could addressing their concerns

with the Department of Health and Human Services to track the spread of COVID-19, asking whether the data is being used to help ICE deport immigrants.

Palantir said that critiques of its work could "engender dissatisfaction among potential and existing customers, investors, and employees.""Conversely, being perceived as yielding to activism targeted at certain customers could damage our relationships with certain customers, including governments and government agencies with which we do business, whose views may or may not be aligned with those of political and social activists," the filing says.

In a letter to investors included in the filing, Palantir CEO Alex Karp defended the company's work with government clients, suggesting that it will not significantly adjust course or drop any contracts in response to activists' demands.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Peter Thiel will profit nicely. I have an idea let’s go public ASAP. Good thing he’s such a Trump guy. Put that in the risk disclosure. Come Nov that may be a big negative. Cash out now Pete.

$PLTR palantir Palantir Technologies files for direct listing IPO on NYSE No new capital raised, $1.5B in cash, $297.6B in debt $481.2mm in H1'20 revenue 1.6B shares to be outstanding as converted Company says it depends on $AMZN and $MSFT …

Keep an eye on anti-ICE people. They are the same ones who will riot when the time comes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Palantir publicly filed for an IPO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir reveals stock-listing documents as the secretive startup prepares to go public - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I had no idea Paulie Shore had anything to do with that company
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir applies for direct listing as the secretive startup prepares to go public - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir is said to ready S-1 filing as soon as Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »