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Anonymous ID: 1aefa7 Nov. 22, 2020, 8:28 p.m. No.11746677   🗄️.is 🔗kun   >>6681 >>6697 >>6813 >>6944

https://www.opensocietyfoundations.org/newsroom/statement-from-soros-fund-management-on-palantir-investment

 

Statement from Soros Fund Management on Palantir Investment

November 17, 2020

 

Soros Fund Management LLC (SFM) did not recently purchase shares in Palantir Technologies Inc. SFM’s current interest in Palantir, which amounts to approximately one percent of the Class A (limited voting) shares of the company, is the result of a private early-stage investment made in 2012 by a portfolio manager who is no longer employed by SFM. When Palantir converted to a public company, SFM’s interest was converted into shares in the public company. SFM has sold all shares in the company that it is not legally or contractually obliged to hold and will continue to sell shares as permitted. SFM does not approve of Palantir’s business practices. SFM made this investment at a time when the negative social consequences of big data were less understood. SFM would not make an investment in Palantir today.

Anonymous ID: 1aefa7 Nov. 22, 2020, 8:36 p.m. No.11746740   🗄️.is 🔗kun

>>11746720

>https://www.swissinfo.ch/eng/swiss-post-set-to-relaunch-its-e-voting-system/45820842

 

The purchase was reported on May 17 by the SonntagsBlick newspaper, which wrote that the deal between Swiss Post and Spanish firm Scytl had been settled for an unspecified amount.

 

Swiss Post spokesman Oliver Flüeler confirmed to swissinfo.ch that last summer, despite the opposition, his company decided to continue developing a system on its own, and “after several months of negotiations” it secured the rights to the source code from Scytl.

 

The parliamentarian and IT entrepreneur added: “It’s hard to believe that Swiss Post has paid an undisclosed price for a system which we already know doesn’t work properly. In other countries, too, Scytl systems have experienced major problems. Perhaps that’s precisely why the company went bankrupt”.