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“Palantir touts its ethical commitments, saying it will never work with regimes that abuse human rights abroad,” said Amnesty International’s Silicon Valley Initiative Director Michael Kleinman. Got a confidential news tip? As Palantir moves forward as a public company it will have the luxury and responsibility to provide a bit more clarity in quarterly investor updates. Palantir even documented its refusal to work with the country and its communist government in its SEC filings to go public, saying it’s “inconsistent” with the company’s culture and mission. The data analytics company, which works with the military, is seen by some as an example of the dark side of technology. “Should the company have done a contract with the Obama administration along with lots of other contracts as it did to work with ICE? I think that was the right choice overall,” he said. Though usually listed as having been founded in 2004, SEC filings state Palantir's official incorporation to be in May 2003 by Peter Thiel (co-founder of PayPal), who named the start-up after the "seeing stone" in Tolkien's legendarium. "Our software is used to target terrorists and to keep soldiers safe.". All Rights Reserved. Tokien's Lord of the Rings series, was co-founded by Peter Thiel, who also co-founded PayPal and is a Facebook board member and vocal Donald Trump supporter. “This is deeply ironic, given the company’s willingness stateside to work directly with ICE, which has used its technology to execute harmful policies that target migrants and asylum-seekers.”. “Any company — and there are thousands of companies that work with the DOD and that work with ICE, and that work with others — is going to face these challenges,” he said on Yahoo Finance’s YFi PM. Big data consultancy firm Palantir (PLTR), which got its start 17 years ago as a private company contracting with government agencies on often secretive projects, finally became a publicly traded company Wednesday via a direct listing on the New York Stock Exchange.

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