Thiel's Palantir dumped by Norwegian investor over work for Israel

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LONDON/OSLO : One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the U.S.data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

Israel's foreign ministry rejected that opinion as "fundamentally wrong" and one-sided, and repeated its stance that a political settlement in the region can be reached only by negotiations.

FILE PHOTO: The logo of U.S.software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIsraelNorwaySwitzerland

Topics: Palantir Israeli 2022 Storebrand Occupied Israel Region Territories Technologies Palestinian Asset

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-26 @ 01:01:26 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23243880

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