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Spy sector, a company that cooperates with the CIA; Where did Kurz find a new 
job?


9-12 minutes

  _____  

The mysterious company Palantir, founded by entrepreneur Peter Thiel with the 
support of the CIA, is the new job of former Austrian Chancellor Sebastian 
Kurz. 

Source: Jutarnji list Monday, December 27, 2021 | 22:39 

EPA-EFE/CHRISTIAN BRUNA

Just to recall, Kurz resigned in October this year under growing pressure from 
the corruption scandal. 

Now a former leader of the Austrian People's Party (OVP), he plans to move to 
the United States, where he will work as a manager for a controversial company, 
a frequent target of civil liberties and human rights activists. 

The company was founded in 2003 by Thiel with a group of other technology 
investors. Thiel, who was also one of the co-founders of PayPal, claimed that 
Palantir Technologies Inc. (PLTR) would use software similar to PayPal's fraud 
detection systems to "reduce terrorism while protecting civil liberties". 

But the company has already attracted attention with its choice of names and 
investors.


Palantir - the magic ball from "The Lord of the Rings"


Palantir is the name of the magic ball from "The Lord of the Rings", a magical 
object that allows those who use it to get in touch with everyone else who also 
owns it and give them an insight into the past, present and future. But in the 
same story, the Palantirs were corrupted by the presence of the evil lord of 
darkness Sauron, after he too came into possession of one of the magic balls. 

Even before they were corrupted, Palantirs were of dubious use: they could only 
be used by those with strong willpower, and they would be unreliable advisers 
to everyone - not knowing whether they represented the present or the future, 
showing their scenes out of context or hiding key information needed to 
understand what is being seen. With a very unusual choice of name, which evokes 
more negative than positive connotations, the company began another 
controversial move - it received a $ 2 million investment from the non-profit 
investment company In-K-Tel - one of the CIA-owned companies is to provide the 
spy agency with state-of-the-art technology to support its activities. 

The company has grown slowly, largely thanks to contracts with government 
agencies. In April 2010, it teamed up with Thomson Reuters, owner of the 
world's leading news agency, to sell its quantitative analysis software tool.


Biden's praise




EPA-EFE/CHRISTIAN BRUNA

In June of that year, then-Vice President of the United States Joe Biden 
indirectly praised that company for the role of its software in combating fraud 
in government subsidies and announced that the software would be used in 
combating fraud in Medicare and Medicaid. 

Until 2013, the company had long-term contracts with at least 12 U.S. 
government agencies - including the CIA, National Security, National Security 
Agency (NSA), FBI, Centers for Disease Control and Prevention (CDC), U.S. 
Marines, Air Force, Command Special forces, the U.S. Military Academy, the 
Joint Organization for Overcoming Improvised Threats, the Committee on 
Accountability and Transparency of Reconstruction, and the National Center for 
Missing and Exploited Children. 

The company has also been given a lucrative and responsible job of overseeing 
Iran’s nuclear deal. For the International Atomic Energy Agency (IAEA), 
Palantir was tasked with overseeing Iran's adherence to the Joint Comprehensive 
Plan of Action (JCPOA), an agreement that led to the lifting of sanctions on 
Tehran in exchange for limiting Iran's nuclear program.


On good terms with Trump


With the election of Republican President Donald Trump, Thiel became the only 
head of the company from Silicon Valley who remained on good terms with the 
authorities and became an advisor to the president. 

Last year, Palantir also started working for the British public health system 
in combating coronavirus pandemic. But the company has become increasingly 
controversial. Back in 2014, it came under media scrutiny for its cooperation 
with the American Immigration and Customs Service (ICE). Although leading 
people claimed to cooperate with ICE agents only in detecting criminals, an 
investigation by the non-profit media Intercept found that for ICE Palantir 
software is crucial in the deportation of all immigrants. 

The company was also under investigation by the British Parliament in 2018, 
when it was condemned by former Cambridge analysts leader Christopher Wiley, 
who said that the two companies held meetings and that Palantir used data 
illegally collected in the Cambridge analytics scandal.


"Maven Project"


The company also found itself in the media due to its readiness to cooperate 
with the Pentagon in the "Maven Project". It is a secret program for the 
development of artificial intelligence, which was originally implemented by 
Google, but the company left the project after a mass protest of its own 
workers. 

It is a technology that could eventually lead to autonomous armed robots - 
drones and other aircraft that could fire without human orders. Shortly after 
Google left Maven in 2018, Palantir took over Google's role in developing 
technologies that critics believe are combat artificial intelligence. 

"Our company was founded in Silicon Valley," said Palantir CEO Alex Karp when 
he announced a public offering of shares last year. "But we seem to share less 
and less value with the rest of the technology sector. We have chosen our side 
and we know that our partners appreciate our commitment," he added. 

The company went public last year, where the price of its shares jumped from $ 
7.25 to more than $ 10 overnight, and today they are selling at $ 18.9, 
bringing the company's market value to nearly $ 38 billion dollars.


Kurz part of management team


The Austrian Kronen Zeitung writes that Kurz will receive an annual salary of 
around half a million euros for the currently unknown managerial position, and 
that he will probably start working in February next year. Kurz is not the only 
member of the Austrian political elite who started working for a company 
present in 150 countries. 

Former business director of the Austrian Social Democrats (SPO), Laura Rudash, 
paved the way for him. She left politics in 2015 at the age of 33 and found a 
job in Palantir. After becoming the youngest chancellor in Austrian history, 
Sebastian Kurz is only 35 years old today and hopes for a new career outside 
politics, if accusations of corruption do not keep him in the country in the 
end.

 

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