Tuesday, January 17, 2017

Palantir wins fight information system case against US military



A unit of Peter Thiel's Palantir technologies Inc has got a second risk to bid for a settlement to construct the subsequent segment of the U.S. navy's integrated fight facts machine, probably worth masses of tens of millions of bucks, Bloomberg pronounced on Monday.
Palantir, a data analytics and security company co-based by way of the Silicon Valley investor, sued the U.S. authorities in June, arguing that the bid-solicitation method ruled out any commercially to be had answers, the record said.
A federal judge on Monday ruled in want of Palantir, ordering the military to restart the bidding system and include commercial services in its assessment, that allows you to put Palantir USG again in the walking, Bloomberg stated. (bloom.bg/2f1aJdj).
Palantir's technology helps authorities companies tune down terrorists and discover economic fraud.
"This selection is a victory for taxpayers, whose cash has been routinely wasted on lengthy and ineffective improvement efforts," Hamish Hume, a Palantir lawyer and accomplice in Boies, Schiller & Flexner LLP, stated in a assertion.

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