25 August 2020

Thiel-backed Palantir to go public via direct listing, reveals 2019 loss of $580 million


(Reuters) - Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year. FILE PHOTO: The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. REUTERS/Arnd Wiegmann The company, which was founded in 2003 by a group including Donald Trump backer Peter Thiel, [...]