Re:Leaked Palantir Doc Reveals Uses, Specific Functions and ...
by downandout on Monday January 12, 2015 @12:43AM
(#8872670)
> Palantir is trying to raise another ~400mm to finance their operations. And I honestly think this just another PR stunt to attract investors.
That was my reading as well - Techcrunch essentially reprinted marketing materials as incontrovertible fact for this story (continuing a long tradition of similar journalistic excellence). One particularly troublesome sentence:
"...[Palantir] is capable of building comprehensive models of activity to detect suspicious anomalies and is even able to provide immunity to fraud thanks to strategies the founders learned while still at PayPal."
Well there's an objective, accurate statement. Even Paypal itself is far from "immune to fraud". Palantir appears to be doing some interesting things, but this article is ridiculous.
That was my reading as well - Techcrunch essentially reprinted marketing materials as incontrovertible fact for this story (continuing a long tradition of similar journalistic excellence). One particularly troublesome sentence:
"...[Palantir] is capable of building comprehensive models of activity to detect suspicious anomalies and is even able to provide immunity to fraud thanks to strategies the founders learned while still at PayPal."
Well there's an objective, accurate statement. Even Paypal itself is far from "immune to fraud". Palantir appears to be doing some interesting things, but this article is ridiculous.