Palantir defends surveillance tech as US government contracts boost sales

Palantir Technologies CEO Alex Karp defended the firm’s surveillance technology as it reported a big jump in sales on Monday, ‍saying it has safeguards to prevent government overreach, without mentioning US immigration enforcement efforts in Minnesota that have drawn widespread protests. The data analytics company said revenue derived from the US government spiked 66 per cent in the fourth quarter from the year-ago period to US$570 million. Total sales of US$1.41 billion exceeded analysts’...