Why Palantir’s Biggest Client Is Seeking Out Its Competitors

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.3 • 1.7K Ratings

🗓️ 23 January 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Since its founding in 2003, software company Palantir Technologies has built a $36 billion dollar company. That’s in part due to its relationship with the U.S. government, which is its biggest client. But in recent months, Palantir’s revenue growth from U.S. government contracts has slowed. WSJ reporter Heather Somerville tells host Alex Ossola what this means for the company’s bottom line, and for its future prospects. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Shopify.
0:03.0	Looking to start a side hustle or become your own boss.
0:05.0	Do it with Shopify.
0:07.0	Whether you're selling succulents or stilettoes,
0:09.0	Shopify has the industry leading tools to help you create,
0:12.0	control and grow your own business.
0:13.7	So get serious about selling and get Shopify today.
0:16.7	Sign up for a one pound per month trial period at shopify.coidek slash special offer
0:21.8	or lowercase that Shopify dot coe
0:24.2	ek slash special offer. Welcome to tech news briefing it's Tuesday
0:32.3	January 23rd.
0:34.0	I'm Alex Osala for the Wall Street Journal.
0:36.5	Coming up on today's show, Amazon's prime video service
0:39.6	will soon include ads.
0:41.5	What will it take for Amazon to compete with entertainment companies like
0:44.5	Disney and Warner Brothers Discovery and keep users engaged? We'll hear from W.S.J.
0:49.8	reporter Patrick Coffey. And then, for years, Software Company Palantier has been a big
0:55.7	recipient of US government contracts which have helped make it a $36 billion
1:00.0	company. But more recently, the revenue growth of those contracts has slowed as the government
1:05.0	looks to some of Palaniers competitors. What does that mean for the company's bottom line
1:09.2	and its future prospects? W.S.J. reporter Heather Somerville joins us to discuss.
1:16.0	But first, Amazon is planning to roll out ads on its prime video service later this month.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.