Tag Archives: Uncertain

Palantir cuts revenue forecast, says govt contracts timing ‘uncertain’

Palantir cuts revenue forecast, says govt contracts timing ‘uncertain’

By Chavi Mehta (Reuters) -Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise quarterly loss on Monday, sending its shares down 15%. The company had to temper its revenue forecast as the timing of some government contracts remained uncertain, Chief Executive Alexander Karp said, calling the uncertainty “frustrating.” The large size of the government awards and the long-drawn procurement procedure… Source link

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Google’s Russian Empire Faces an Uncertain Future

Google’s Russian Empire Faces an Uncertain Future

This is also not the first time Google has shut down an office in Moscow. In 2014, it moved its engineers out of the city to protest new data protection rules. But in recent years, the stakes have become higher. In September 2021, Russian authorities visited the home of one of Google’s top executives, telling her to delete an app linked to activist Alexei Navalny from the Google Play Store or face prison. When Google put the executive up in a hotel under a different name, the same agents… Source link

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