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Summary List Placement As Palantir prepares for its public direct listing later this month, activists are following the company across the US with a series of protests against its ties to Immigration and Customs Enforcement, the Pentagon, and other federal law enforcement agencies. The protests were organized by Mijente, an immigration rights group that started the #NoTechForICE campaign to publicly shame Silicon Valley companies...

Palantir, the secretive big-data startup which sells technology to corporations, governments, law enforcement and spy agencies, has now publicly released its paperwork to become a pubic company. It will be going public via a direct listing, meaning existing shareholders will sell their stock directly, with no investment bank acting as an underwriter. With a valuation that has reached as much as $20 billion in...

Hello, and welcome to the Wednesday edition of  Insider Tech's newsletter, where we break down the biggest news in tech.  To subscribe to this newsletter click here , and you'll be well informed of all the latest developments — from the serious to the absurd — that make tech such a fascinating business. This week: Peter Thiel's grudge match with Silicon Valley and the...

Palantir Technologies is reportedly adding a lockup period to its direct listing, limiting investors' ability to sell shares immediately after the company starts trading.  Through the plan, investors could sell about 20% of their shares immediately.  Spotify and Slack, the two companies that paved the way for direct listings, didn't have such a lockup period.  The lockup plan could limit insider trading, address investor...

Palantir, the secretive big-data startup which sells technology to corporations, governments, law enforcement and spy agencies, filed confidential paperwork to go public. With a $20 billion valuation as a private company, should its IPO be successful, this could be the biggest Silicon Valley IPO in years. The paperwork revealing who its biggest share owners are is not yet public. But here are the founders,...

The secretive data analytics firm Palantir is preparing to file an S-1 ahead of a potential September IPO, Business Insider has learned. The company is working with banks to prepare a tender offer to clean up its cap table, according to Bloomberg.  Earlier this week, Palantir lowered the strike price for employees to buy their options in the company, sources told Business Insider.  Palantir...

Palantir plans to file to go public in the coming weeks, Bloomberg's Katie Roof and Lizette Chapman reported.  Activists have long been protesting the $20 billion big data company Palantir for its work with Immigration and Customs Enforcement. Palantir's software has been used to gather, store, and search for data on undocumented immigrants, and reportedly played a role in workplace raids. Palantir has also...

Palantir is providing the CDC with software to help it monitor the spread of COVID-19 and assess how hospitals are dealing with spikes in new cases, Forbes reported Tuesday. Palantir's software uses data from hospitals and public health agencies — such as test results, bed capacity, and ventilator supply — to give the CDC insight into where additional resources are needed, according to Forbes....