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WSJ Tech News Briefing

TNB Tech Minute: Palantir Sues CEO of Rival AI Firm Over Alleged Employee Poaching

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 11 December 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Ford Motor and SK Group end their partnership to produce EV batteries in the U.S. And regular companies are finally beating tech stocks. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Every organization, government or commercial, is being asked to deliver more with less.

0:05.3

Technology is undeniably the key to making that possible.

0:09.2

We invite you to explore the insights in the tech guide.

0:12.2

Available now at guidehouse.com.

0:16.3

Here's your afternoon TNB Tech Minute for Thursday, December 11th.

0:20.7

I'm Julie Chang for the Wall Street Journal.

0:23.2

Palantir is expanding its legal action against rival AI firm Percepta, alleging a widespread effort to poach its employees and customers.

0:32.2

The suit claims Percepta's CEO and co-founder, both former employees of Pallentere, violated non-solicitation agreements

0:39.4

by aggressively pursuing Pallenture employees for a copycat company. A third employee is accused of

0:46.0

stealing confidential documents from Pallantir before joining Percpta. Percepta has denied the

0:51.6

allegations, calling the case baseless and accusing Palantir of using

0:55.5

fear tactics to prevent innovation. The legal action is part of a growing trend of trade secret

1:00.9

disputes in the AI sector. Ford Motor and SK Group are ending their joint venture to produce

1:07.9

electric vehicle batteries in the U.S. The move marks the auto industry's

1:12.2

latest retreat from EVs. The Ford SK partnership was announced in 2021 with a plan to spend

1:18.2

$11 billion on the plants. S.K. On, the South Korean battery unit, will take sole ownership of the

1:25.0

nearly finished battery plant in Tennessee. Ford will take full

1:29.0

control of two battery plants built in Kentucky, one of which has already been mothballed. A Ford spokesman

1:35.3

declined to comment. And regular companies are finally beating tech stocks. For the first time in a while,

1:42.8

investors are favoring regular companies over

1:45.2

the tech sector. The Dow Jones Industrial average climbed 1.2% midday and hit a new intraday record,

1:51.8

while the SNP 500 and NASDAQ composite slid, dragged down by concerns about spending at Tech Giant Oracle.

...

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