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Lots of happy people as Palantir and Asana spike on first day of trading

Lots of happy people as Palantir and Asana spike on first day of trading The markets are closed and the verdicts are in: investors liked what they saw in Palantir and Asana . The two companies, which debuted this morning in dual (and duel) direct listings, continued to prove that enterprise tech […]

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Crypto exchange Bitpanda closes $52M Series A from Valar Ventures, backed by Peter Thiel

Crypto exchange Bitpanda closes M Series A from Valar Ventures, backed by Peter Thiel Bitpanda, a crypto assets platform, has closed a $52 million Series A funding round form Valar Ventures, a venture capital firm backed by Peter Thiel. Vienna-based VC Speedinvest also participated, alongside other unnamed investors. Claiming 1.3 million users, Bitpanda has […]

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In its 5th filing with the SEC, Palantir finally admits it is not a democracy

In its 5th filing with the SEC, Palantir finally admits it is not a democracy Palantir is not a democracy, and it really, really, really wants you to know that. Palantir’s governance has been under an exacting lens from regulators the past few weeks as it prepares for a public direct listing […]

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As it heads for IPO, Palantir hires a chief accountant and gets approval from NYSE to trade

As it heads for IPO, Palantir hires a chief accountant and gets approval from NYSE to trade After 17 years, Palantir is getting closer and closer to its public debut later this month. We’ve been covering different facets of the company’s direct listing process including concerns about its governance and how insiders […]

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As direct listing looms, Palantir insiders are accelerating stock sales

As direct listing looms, Palantir insiders are accelerating stock sales According to Palantir’s latest S-1 amended filing published this morning, the company intends to start trading in two weeks on September 23 under the ticker PLTR. That gives us a bit of time to speculate about how the company will perform on […]

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Leaked S-1 says Palantir would fight an order demanding its encryption keys

Leaked S-1 says Palantir would fight an order demanding its encryption keys Palantir, the secretive data analytics startup founded by billionaire investor Peter Thiel, would challenge a government order seeking the company’s encryption keys, according to a leaked document. TechCrunch has obtained a leaked copy of Palantir’s S-1, filed with U.S. regulators […]

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Palantir’s S-1 alludes to controversial work with ICE as a risk factor for its business

Palantir’s S-1 alludes to controversial work with ICE as a risk factor for its business Palantir’s mysterious work and its founding origins with Trump ally and anti-press crusader Peter Thiel have inspired a number of controversies in recent years, none as divisive as its ongoing business with ICE. But with a direct listing […]

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Decrypted: As tech giants rally against Hong Kong security law, Apple holds out

Decrypted: As tech giants rally against Hong Kong security law, Apple holds out It’s not often Silicon Valley gets behind a single cause. Supporting net neutrality was one, reforming government surveillance another. Last week, Big Tech took up its latest: halting any cooperation with Hong Kong police. Facebook, Google, Microsoft, Twitter, and […]

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Clearview said its facial recognition app was only for law enforcement as it courted private companies

Clearview said its facial recognition app was only for law enforcement as it courted private companies After claiming that it would only sell its controversial facial recognition software to law enforcement agencies, a new report suggests that Clearview AI is less than discerning about its client base. According to BuzzFeed News, the […]

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How ‘the Internet broke America’ with The New Yorker’s Andrew Marantz

How ‘the Internet broke America’ with The New Yorker’s Andrew Marantz When Elizabeth Warren took on Mark Zuckerberg and Facebook earlier this week, it was a low moment for what New Yorker writer Andrew Marantz calls “techno-utopianism.” That the progressive, populist Massachusetts Senator and leading Democratic Presidential candidate wants to #BreakUpBigTech is […]

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