Palantir wins $800 million contract to build the U.S. Army’s next battlefield software system

Palantir just landed a landmark contract with the U.S. Army worth north of $800 million. The Washington Posts reports that the Silicon Valley data analytics company was tapped over traditional defense contractor Raytheon on the project, which tasks Palantir with delivering a comprehensive combat intelligence hardware and software suite to replace the Army’s outdated system, […]

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Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week’s newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

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Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV

Quartet Health, a startup backed with nearly $100 million from GV, Oak HC/FT and more, has quietly lost its COO, CPO and replaced its CEO this month.

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Mithril Capital Management, cofounded by Ajay Royan and Peter Thiel, is leaving the Bay Area

From its glass-lined offices in San Francisco’s leafy Presidio national park, six-year-old Mithril Capital Management has happily flown under the radar. Now it’s leaving altogether and relocating its team to Austin, a spot that has “enough critical mass of a technical culture, an artisanal culture, an artistic culture, and [is] not necessarily looking to Silicon […]

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Palantir confirms a staff link with Cambridge Analytica

Turns out there is a link between Peter Thiel’s secretive big data analytics firm, Palantir, and Cambridge Analytica — the political consulting firm at the center of the current Facebook data misuse scandal. Facebook responds to data misuse Starting in 2013, the New York Times reports that a UK-based Palantir employee worked with Cambridge Analytica — going […]

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Facebook data misuse scandal affects “substantially” more than 50M, claims Wylie

Chris Wylie, the former Cambridge Analytica employee turned whistleblower whose revelations about Facebook data being misused for political campaigning has wiped billions off the share price of the company in recent days and led to the FTC opening a fresh investigation, has suggested the scale of the data leak is substantially larger than has been […]

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