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Palantir

Palantir

The Morning After: Explaining Apple’s $100 million App Store settlement

Following the class-action lawsuit between Apple and app developers, the company has agreed to change several App Store rules, including allowing developers to email users “about payment methods outside of their iOS app” — think Netflix and Spotify offering subscription setups through the internet browser, all without Apple taking a…
bubmag
August 27, 2021
Palantir

Palantir Bug Allowed FBI Access to Virgil Griffith’s Social Media

Reading Time: 2 minutes A bug in the Palantir supposedly led to the FBI accessing the social media data of Virgil Griffith Griffith is accused of helping North Korean officials circumnavigate U.S. sanctions through cryptocurrency The software was left on default settings which allowed FBI officials to effectively spy on…
bubmag
August 27, 2021
Palantir

Palantir invested $25 million in Faraday Future

Data-mining firm Palantir invested $25 million in Faraday Future shortly before the electric vehicle startup became a publicly traded company in July, according to a previously unreported Securities and Exchange Commission (SEC) document filed late last week. In addition, Faraday Future signed a commercial contract to use Palantir’s software, according…
bubmag
August 26, 2021
Palantir

Software giant Palantir made £22M profit after NHS data deal

UK-based independent political website, openDemocracy has revealed that Palantir Technologies made £22 million in profits last year after winning controversial deals with the NHS. Furthermore, since the start of 2020, Palantir has been awarded more than £46 million in public contracts by the UK government and the NHS. WHY IT…
bubmag
August 26, 2021
Palantir

Palantir bought $50 million in gold bars in August as cash pile grows

While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company stashing cash in an unconventional asset in response…
bubmag
August 18, 2021
Palantir

NYPD secretly spent $159 million on surveillance tech

The New York City Police Department has spent over $159 million on surveillance systems and maintenance since 2007 without public oversight, according to newly released documents. The Legal Aid Society (LAS) and the Surveillance Technology Oversight Project (STOP) obtained the documents from the NYPD, which include contracts with vendors. They…
bubmag
August 10, 2021
Palantir

Former NPR Correspondent and Palantir Alum Chitra Ragavan Joins Blockchain Disrupter

Ragavan will join the blockchain analytics firm Elementus to lead the company’s strategic direction Chitra Ragavan Former NPR national correspondent Chitra Ragavan will join the blockchain analytics firm Elementus to lead the company’s strategic direction, TheWrap has learned. In her previous capacity as a nationally-recognized reporter, Ragavan covered American law enforcement and…
bubmag
August 4, 2021