Two days before Palantir’s expected initial public offering on the New York Stock Exchange, Amnesty International released a report saying the secretive data analytics company presents a risk to human rights. The charge stems from Palantir’s relationship with U.S. Immigration and Customs Enforcement (ICE), and its role as an enabler of the U.S. government’s ill treatment of immigrants and asylum seekers.
Palantir, which was cofounded by venture capitalist and one-time Trump supporter Peter Thiel, sells powerful big data analytics products capable of pulling together and analyzing large amounts of unstructured data from many sources. Its IPO, which is expected Wednesday, could be the biggest the tech industry has seen since Uber’s IPO last year. At the time Palantir filed to go public in July, it was worth $20 billion.
While it’s won a number of contracts to provide the software to agencies within the U.S. government, ICE (under the Department of Homeland Security) is one…
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Source : fastcompany.com
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