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How CIA-Backed Palantir Is Helping Police Root Out ‘Thought Crimes’

From Zero Hedge August 2019: Palantir’s technology was developed in warzones like Fallujah, where it was used to anticipate roadside bombs and attacks by insurgents. Now, it’s being used on the streets of Los Angeles to root out criminals like something straight out of the movie “Minority Report.” Unsurprisingly, the privately-held tech firm is backed by[…]

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Palantir’s IPO Plans are Just as Secretive as the Company Itself

From Zacks June 2019 Palantir Technologies is a privately-held software and services company that has taken Silicon Valley by storm since its launch back in 2004. It was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp (now CEO) with the idea of “creating the world’s best user experience for working with data, one[…]

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Peter Thiel’s stealth start-up Palantir has unlocked a new opportunity to sell to the US military as revenue tops $1 billion

From CNBC May 2019: Palantir — the Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel — has made the CNBC Disruptor 50 list for six years running. But this year was perhaps the most disruptive of all for the company, which has attracted $2.8 billion in funding, raising its valuation to $20.5 billion,[…]

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Wish Raises Series H at $11.2B Valuation After Doubling Revenue in 2018

From Crunchbase News August 2019: Ecommerce startup Wish has reportedly raised $300 million in a confirmed Series H round led by General Atlantic. The financing boosts Wish’s valuation to $11.2 billion post-money compared to a valuation of $8.7 billion following itslast funding round in September 2017, according to General Atlantic. Subscribe to the Crunchbase Daily Axios’ Dan Primack reported the $300 million figure, which[…]

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