Category

Palantir

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
Palantir

The Corporate Surveillance Industry Has Become a Global Monster

It’s never been easier for governments covertly to access and monitor the phones of activists, journalists, dissidents, politicians, and, well, anyone they want. “Zero-click” tools, easily purchased from private corporate developers, allow authorities to hack victims’ phones in surreptitious ways, even if the target doesn’t click a link. This technology…
bubmag
July 21, 2021
Palantir

Forbes and Fortune Lists Mostly Underestimate Billionaire Wealth

Forbes and Fortune lists the wealth of the world’s billionaires but they can mainly track the ownership in public companies or widely publicized holdings in disclosure documents. Peter Thiel, co-founder of Paypal and founder of Palantir, was able to turn $2000 in a Roth IRA into $5 billion. Thiel purchased…
bubmag
June 29, 2021