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Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money

Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money

The Silicon Valley unicorn, a data-analysis giant that’s inching toward an IPO, has been run like a scrappy startup, including lavish perks. CEO Alex Karp is now under pressure to remake the business, including bringing an end to what’s known inside the company as “Palantir Entitlement Syndrome.”

Published 1 month ago

U.S. Considers Asking Afghanistan to Suspend Presidential Election

U.S. Considers Asking Afghanistan to Suspend Presidential Election

The Trump administration is discussing whether to press Afghanistan to suspend coming presidential elections, as the U.S. seeks to engage the Taliban in talks to end the 17-year war.

Published 1 month ago

Takeda and Shire to pay almost $1bn in deal fees and expenses

Takeda and Shire to pay almost $1bn in deal fees and expenses

Bankers, lawyers and PR advisers to receive huge payday for Japan’s largest overseas takeover

Published 1 second ago

D.Live 2018: The WSJ Global Technology Conference

D.Live 2018: The WSJ Global Technology Conference

D.Live 2018: Google, AT&T and Uber Leaders on the State of Tech

Published 1 month ago

‘Bad Blood’ wins the FT and McKinsey Business Book of 2018

‘Bad Blood’ wins the FT and McKinsey Business Book of 2018

John Carreyrou takes the prize for his riveting account of the collapse of Theranos

Published 1 second ago

Vatican Bars Action by U.S. Bishops on Sex-Abuse Reforms at Conference

Vatican Bars Action by U.S. Bishops on Sex-Abuse Reforms at Conference

Roman Catholic bishops from around the nation have been ordered by the Vatican not to take any actions at their annual meeting to address the sex-abuse crisis that has rocked the church this year.

Published 1 month ago

FDA Considers Making Food Labels Disclose Sesame to Help Allergy Sufferers

FDA Considers Making Food Labels Disclose Sesame to Help Allergy Sufferers

An estimated 300,000 Americans are allergic to sesame but it’s not one of the eight major allergens food labels currently have to disclose.

Published 1 month ago

Donald Trump and the global assault on press freedom

Donald Trump and the global assault on press freedom

When the US president calls journalists ‘enemies of the people’ it emboldens dictators

Published 1 second ago

Democrats Seek Ethics Advice Sought or Received by Acting Attorney General Matthew Whitaker

Democrats Seek Ethics Advice Sought or Received by Acting Attorney General Matthew Whitaker

Congressional Democrats have asked the Justice Department to detail any ethics advice acting Attorney General Matthew Whitaker has sought or received since taking office.

Published 1 month ago

Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money

Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money

The Silicon Valley unicorn, a data-analysis giant that’s inching toward an IPO, has been run like a scrappy startup, including lavish perks. CEO Alex Karp is now under pressure to remake the business, including bringing an end to what’s known inside the company as “Palantir Entitlement Syndrome.”

Published 1 month ago

U.S. Considers Asking Afghanistan to Suspend Presidential Election

U.S. Considers Asking Afghanistan to Suspend Presidential Election

The Trump administration is discussing whether to press the Afghan government to suspend coming presidential elections, according to people briefed on the discussions, as the U.S. seeks to engage the Taliban in talks to end the 17-year war.

Published 1 month ago

Labor Department Clears Path for Automatic 401(k) Transfers

Labor Department Clears Path for Automatic 401(k) Transfers

Companies could start automatically transferring retirement accounts of employees who change jobs to 401(k) plans of their new employers, according to new guidance from regulators.

Published 1 month ago

North Korea Keeping Up Work on Missile Sites, Report Says

North Korea Keeping Up Work on Missile Sites, Report Says

North Korea is maintaining a network of undeclared ballistic-missile operating bases as talks with the U.S. have stalled, an analysis of commercial satellite images suggests.

Published 1 month ago

Inside the New Industrial Revolution

Inside the New Industrial Revolution

The mobile internet, automation and AI will have profound implications—for jobs, infrastructure, investment, global competition and more.

Published 1 month ago

Firefighters Battle Deadly California Wildfires

Firefighters Battle Deadly California Wildfires

Firefighters are battling two deadly California wildfires that have claimed at least 31 lives, left more than 200 people missing and a quarter million under evacuation, while unhealthy smoke levels have prompted warnings to stay indoors.

Published 1 month ago