World Food Programme moves to renew Palantir contract amid leaked audit privacy concerns
The United Nations World Food Programme is finalising a five-year renewal of its contract with US data software firm Palantir, despite privacy concerns raised in a leaked internal audit from 2025. The audit, seen by journalists, points to unease inside the agency about allowing the company to process data used in one of the world's largest humanitarian supply chains. The development has renewed scrutiny of how aid agencies handle sensitive beneficiary information.The World Food Programme, based in Rome, manages the SCOPE system, which contains biometric and other information on millions of aid beneficiaries. Palantir developed the Digital Operations and Transformation... [Continue Reading]
360LiveNews | 07 Aug 2026 21:30 LONDON
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Palantir raises annual forecast after second-quarter revenue jumps 93%
Palantir Technologies has reported a sharp rise in second-quarter revenue and lifted its full-year outlook, sending its shares more than 14% higher in after-hours trading. The company said revenue reached $1.94bn in the quarter, up 93% from a year earlier. It said the growth was driven by strong demand from both commercial customers and government agencies.Chief executive Alex Karp said the quarter was "otherworldly" and said US commercial revenue grew 149% year on year. In a letter to shareholders, he said the business was compounding at a pace and scale the company had not seen before. Palantir also raised its... [Continue Reading]
360LiveNews | 04 Aug 2026 11:33 LONDON
