September 30, 2020 | technology | No Comments
- Rep. Alexandria Ocasio-Cortez wrote a letter to the Securities and Exchange Commission asking for the agency to investigate the data-mining company Palantir ahead of its stock-market debut, which it made on Wednesday.
- Among the congresswoman’s concerns is Palantir’s longtime penchant for secrecy, which she wrote could hurt future investors.
- Other concerns listed are its domestic and foreign contracts, including with Immigration and Customs Enforcement, law-enforcement agencies, and foreign governments that “may present human rights risks.”
- Palantir, a famed Silicon Valley startup founded in 2003, has a reputation for being secretive and has come under scrutiny recently ahead of its direct listing.
- Visit Business Insider’s homepage for more stories.
Rep. Alexandria Ocasio-Cortez wrote a letter to the US Securities and Exchange Commission in mid-September asking the agency to investigate the secretive data firm Palantir as the company gained attention with its stock-exchange plans.
In the letter, the congresswoman listed several concerns