Palantir - Peter Thiel Knows More About You Than Facebook

There was one revealing moment from Facebook CEO Mark Zuckerberg during the hearings last week. At a certain point, Mr Zuckerberg was asked about Palantir, the company founded by his first major investor (and some say his mentor) Mr Peter Thiel, the savvy entrepreneur who spoke at the Republican Convention in 2016, who co-founded Paypal together with Elon Musk and went on to become one of the earliest backers for President Donald Trump. Mr Zuckerberg said he was not precisely aware of what Palantir did.

Related coverage: https://thegoldwater.com/news/22797-Facebook-85-Of-US-Congress-Members-Questioning-Zuckerberg-Received-His-Donations

Today, in an explosive piece for Bloomberg, it would appear that the data Facebook keeps on you is nothing in comparison to what Mr Thiel has up his sleeve.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">In a society that cared about justice and privacy, a rogue company like Palantir would not be allowed to exist. <a href="https://t.co/ezIBN9FZ6m">https://t.co/ezIBN9FZ6m</a></p>&mdash; Dan Gillmor (@dangillmor) <a href="https://twitter.com/dangillmor/status/986969200542527488?ref_src=twsrc%5Etfw">April 19, 2018</a></blockquote>

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Mr Peter Thiel, author of the brilliant Zero to One book which serves as a manual for Silicon Valley startups, apparently keeps all data on everyone he’s ever contacted, not only via his facebook investments but has been building an algorithm much more powerful in secret.

Related coverage: https://thegoldwater.com/news/22583-Facebook-COO-Sandberg-Privacy-To-Become-A-Paid-Product

The company that was founded in 2004 by Peter Thiel and his fellow PayPal alumni started soon after working for the Pentagon and the CIA in Afghanistan and Iraq.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Incredible imagery: A Palantir-enabled Morgan Stanley security boss goes mad with power, &quot;Wall Street meets Apocalypse Now, with Cavicchia as Colonel Kurtz, ensconced upriver in his office suite eight floors above the rest of the bank’s security team&quot; <a href="https://t.co/9FLKfcntvF">https://t.co/9FLKfcntvF</a></p>&mdash; Tom Gara (@tomgara) <a href="https://twitter.com/tomgara/status/986971062494728193?ref_src=twsrc%5Etfw">April 19, 2018</a></blockquote>

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They would not only log your Facebook profile and data but also how late you come into work and at what time you check out of it to go home again, creating a profile so deep that it can even tell whether you are happy or disgruntled at work.

Related coverage: https://thegoldwater.com/news/22823-Obama-Harvested-190-Million-Facebook-Users-Data-To-Win-In-2012-Where-Was-The-Congressional-Hearing

The software that Palantir has developed can merge your financial documents, airline reservations, cellphone records and your social media postings and establish any connection that human analysts might miss.

Source:

https://www.bloomberg.com/features/2018-palantir-peter-thiel/