(CNN Business) Palantir, the Silicon Valley data-analytics company known for taking on controversial work for the US government, filed paperwork Tuesday indicating its intent to go public. The company, which has long shrouded itself in secrecy, reported that it has never turned a profit and that about a third of its revenue came from its three biggest customers. It lost $580 million on revenue of $743 million in 2019. The paperwork indicated the company would go public through a direct listing, the same method used by Spotify and Slack. The company, which was long based in Palo Alto, indicated in its paperwork that it is based in Denver, confirming a report on the moveRead More

Source: CNN August 25, 2020 21:36 UTC