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Palantir CEO Alex Karp Denies Spying On Americans, Says Firm Has 'Worst' Tech To Abuse Civil Liberties - (PLTR)
Benzinga· 2025-09-10 08:00
Core Viewpoint - Palantir Technologies Inc. CEO Alex Karp defends the company against allegations of surveillance on U.S. citizens, emphasizing the robustness of its technology and the company's commitment to civil liberties as its stock price and revenue continue to rise [1][2]. Company Response to Surveillance Claims - Karp firmly denies any involvement in large-scale surveillance, stating, "We've never done anything like this" and highlighting that Palantir's technology is designed to be difficult to misuse [2][3]. - He argues that Palantir's software features immutable logs and serialization, making it nearly impossible to track individuals secretly [2]. Addressing Criticism and Misconceptions - Karp notes that critics often misunderstand the nature of Palantir's products, asserting that while any technology can be abused, Palantir's is built to be the hardest to misuse [3]. - He encourages skeptics to test the software rather than rely on speculation [3]. Historical Context and Employee Dissent - Karp dismisses past accusations, including a request from a Democratic administration to create a Muslim database, which Palantir refused [4]. - A New York Times report alleged that the Trump administration used Palantir's Foundry platform for federal data sharing, raising privacy concerns, which Palantir labeled as "blatantly untrue" [5]. Financial Performance - In Q2, Palantir reported $1.004 billion in revenue, a 48% year-over-year increase, surpassing analyst expectations, marking the eighth consecutive quarter of exceeding Wall Street forecasts [6]. - U.S. revenue increased by 68% to $733 million, driven by a 93% rise in commercial revenue and a 53% increase in government contracts [7]. - The company raised its full-year revenue guidance to approximately $4.15 billion, significantly above prior projections [7]. Stock Performance - Palantir's shares have surged over 365% in the past 12 months and are up nearly 116% year-to-date, indicating strong market performance despite short-term volatility [7][8].
Apple's Tim Cook is keeping his August winning streak going
Business Insider· 2025-08-19 17:07
Core Viewpoint - The US government supported Apple in its legal battle against a UK order that would have required the company to provide access to encrypted user data, resulting in the UK agreeing to drop the order [1][3]. Group 1: Legal and Regulatory Developments - The dispute began when the UK issued a secret order for Apple to create a back door to user data, which was first reported by the Washington Post [2]. - US congressmen urged the Director of National Intelligence to challenge the UK order, citing concerns over civil liberties [2][3]. - The UK government has not confirmed the existence of the order but agreed to drop it following discussions with the US [1][4]. Group 2: Business Performance and Market Position - Apple reported stronger-than-expected iPhone sales in late July, contributing to a positive outlook for the company in August [4]. - The company received a favorable ruling from US Customs, allowing it to reintroduce a blood-oxygen monitoring feature in some Apple Watch models, which had been removed due to a patent dispute [10]. - Apple's CEO Tim Cook's visit to the White House and the assurance that US-built companies would not face a 100% tariff on semiconductor imports alleviated concerns about potential cost increases [8][9].
X @Mike Benz
Mike Benz· 2025-08-19 10:57
Data Privacy & Security - UK agreed to drop mandate for Apple to provide a "back door" [1] - The "back door" would have enabled access to the protected encrypted data of American citizens [1] - The "back door" would have encroached on American civil liberties [1] International Cooperation - US worked closely with UK to ensure Americans' private data remains private [1] - US worked closely with UK to ensure Constitutional rights and civil liberties are protected [1]
X @TechCrunch
TechCrunch· 2025-08-18 18:15
Regulatory Scrutiny - Texas Attorney General Ken Paxton is investigating Meta and https://t.co/sRDwTxuIYJ [1] - The investigation concerns deceptive marketing of chatbots as mental health tools [1] Concerns Raised - Child safety is a primary concern in the investigation [1] - Data privacy practices are under scrutiny [1] - Targeted advertising strategies are being examined [1]
X @Basic Attention Token (BAT)
Basic Attention Token (BAT)· 2025-08-15 16:26
Data Privacy Concerns - The industry questions why users continue to surrender their data as a prerequisite for internet access [1] - The industry acknowledges user awareness and dissatisfaction regarding data collection practices [1] - The industry highlights the persistent issue of users clicking 'accept' despite privacy concerns [1] Event Announcement - An XSpaces event is scheduled for Friday, August 15th at 10 AM PT, 1 PM ET, and 17:00 UTC [1] - The event's topic appears to be related to data privacy and user behavior online [1]
DBM Global Data Breach Claims Investigated by Lynch Carpenter
GlobeNewswire News Room· 2025-08-14 21:13
Group 1 - DBM Global, Inc. announced a cybersecurity incident affecting the personal information of tens of thousands of individuals, including names, dates of birth, social security numbers, and passport information [1] - Lynch Carpenter, LLP is investigating claims against DBM related to the data breach, offering potential compensation to affected individuals [2] - Lynch Carpenter is a national class action law firm with a decade of experience in data privacy matters, representing millions of clients [3]
HUMBL and MultiCortex Launches CortexPC – a Computer with an AI-native Operating System
Globenewswire· 2025-08-13 12:15
Core Insights - HUMBL, Inc. is launching the CortexPC, an AI-native computer line powered by the MultiCortex operating system, focusing on privacy and high performance [1][3] - The demand for AI-native computing solutions is increasing among professionals and companies seeking to leverage AI models while ensuring data privacy [2] Product Launch and Access - The CortexPC will be available through a dedicated website and select physical store partnerships, marking a soft launch aimed at U.S. consumers and businesses [3] - HUMBL Venture's CEO emphasized that MultiCortex addresses market demand for data privacy and high performance, making advanced AI computing accessible now [3] Unique Features of MultiCortex - MultiCortex differentiates itself by not using AI token-based pricing, unlike services such as ChatGPT [4] - The operating system ensures privacy by processing data locally on the device, with no data collection or third-party involvement [5][6] - MultiCortex offers unlimited usage without token limits, fixed subscription pricing, and does not monetize or sell user data [6]
X @Investopedia
Investopedia· 2025-08-07 14:00
Personally identifiable information (PII) is data that—alone or with other details—can uniquely identify an individual. It includes direct identifiers (passport numbers) or quasi-identifiers (race, birthdate) that can be used together for ID recognition. Learn more: https://t.co/0jy2W45yJy ...
Scaling Enterprise-Grade RAG: Lessons from Legal Frontier - Calvin Qi (Harvey), Chang She (Lance)
AI Engineer· 2025-07-29 16:00
[Music] All right. Uh, thank you everyone. We're excited for to be here and thank you for uh, coming to our talk.Uh, my name is Chong. I'm the CEO and co-founder of LANCB. I've been making data tools for machine learning and data science for about 20 years.I was one of the co-authors of pandas library and I'm working on LANCB today for all of that data that doesn't fit neatly into those pandas data frames. And I'm Calvin. I lead one of the teams at Harvey Aai working on rag um tough rag problems across mass ...