Peter Thiel’s data company Palantir will develop a new intelligence platform for the US Army

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Peter Thiel’s data mining company Palantir Technologies has won a US Army contract to develop an intelligence platform that will replace an aging system that the Army currently used to collect and disseminate information, according to Bloomberg Technology.

The Army will pay Palantir and defense contractor Raytheon $ 876 million over the next decade to develop a replacement for the Distributed Common Ground System, says Bloomberg. That system is used by the various branches of the US military to interpret intelligence from a variety of platforms “spanning all echelons from space to mud,” according to the US Army.

Battlefields are complicated areas, and since the 1991 Gulf War in Iraq, the military has grappled with the need to take all…

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Watch Peter Kafka interview Jason Blum, producer of “Get Out” and “Paranormal Activity,” from SXSW

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Blum, who is behind such hits at “Paranormal Activity” and “Get Out,” will be onstage with Peter Kafka.

Recode is live from SXSW! Join Senior Editor Peter Kafka as he dives into the future of media during a live podcast taping of Recode Media with Jason Blum, the innovative Hollywood producer behind such hits as “Paranormal Activity” and “Get Out,” which just won director Jordan Peele an Oscar for Best Original Screenplay.

Watch the interview live below on Saturday, March 10 at 11:30 am – 12:30 pm CT / 12:30 pm – 1:30 pm ET. This interview will also be livestreamed on Facebook and Twitter.


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How Peter Thiel and Hulk Hogan broke Gawker: UpVote 24

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When Gawker outed billionaire investor Peter Thiel, he decided to drive it secretly out of business. How? With Hulk Hogan and a sex tape. Ryan Holiday tells the incredible story – and explains why this case shows the need for more conspiracies.
WIRED UK
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Today in Apple history: CFO Peter Oppenheimer retires from Apple

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March 4, 2014: Peter Oppenheimer, the Apple chief financial officer who presided over a decade of skyrocketing growth, steps down from the company. After becoming Apple CFO in 2004, Oppenheimer saw the company’s valuation soar from $8.8 billion to $471 billion. Luca Maestri, Apple’s current vice president of finance, replaced Oppenheimer in this crucial position. […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Recode Daily: Billionaire investor Peter Thiel is leaving too-liberal Silicon Valley for Hollywood

Plus, Coinbase drains the bank accounts of some crypto customers, a history of the NDA, and how she cracked Facebook’s algorithm and tortured her friends.

Billionaire investor Peter Thiel is moving to Los Angeles from San Francisco and has considered scaling back his involvement with Silicon Valley — perhaps even leaving Facebook’s board. A co-founder of PayPal and an early Facebook investor who funded the lawsuit that shuttered Gawker, Thiel is said to be frustrated with what he sees as intolerance of conservatism in the tech industry. [The Wall Street Journal]

Swiss pharma giant Roche is buying Flatiron Health, a cancer focused startup, in a deal worth $ 2.1 billion. Co-founders Zach Weinberg and Nat Turner sold their first startup to Google for around $ 70 million; Google invested in their second company. [Christina Farr / CNBC]

Cryptocurrency exchange Coinbase withdrew unauthorized money from the bank accounts of some customers, in some cases draining their accounts and incurring overdraft charges. The company said the multiple charges are “in the process of being refunded.” Coinbase had a busy week: it temporarily halted PayPal withdrawals and released a new product for merchants called Coinbase Commerce — all as the price of a bitcoin hit $ 10,000 again after falling for almost two months. [Adrienne Jeffries / The Verge]

Andreessen Horowitz has hired away Uber’s head of growth and turned him into a venture capitalist. Andrew Chen is the newest general partner at Andreessen; the firm still doesn’t haven’t any female general partners. [Theodore Schleifer / Recode]

Google’s increased traffic to publishers is replacing the traffic publishers lost from Facebook. Digital publishers used to build their business around Google, and now they might do the same thing again. [Rani Molla / Recode]

Here’s how nondisclosure agreements became a tool for powerful people to block journalists from informing the public. Once a legal quirk of the tech industry, which used them to protect trade secrets, NDAs have proliferated across the business landscape, placing every secret and item of misconduct out of range for inquiring journalists who might want to expose a misdeed. [Michelle Dean / Columbia Journalism Review]

Top stories from Recode

Tech companies like Twitter, YouTube, Amazon and Verizon are competing to stream the NFL’s Thursday Night Football.

It’s likely that the NFL will sign a multiyear deal.

Watch the full Code Media interview: Disney’s Kevin Mayer talks about the Fox acquisition and what that means for Hulu.

Disney is one of the biggest media players in the game.

This is cool

How I cracked Facebook’s new algorithm and tortured my friends.


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Fox didn’t overpay for its new NFL rights, says Fox exec Peter Rice

“You either have the most-watched content on television, or you don’t have it.”

Fox is spending a reported $ 3.3 billion for NFL football rights for Thursday night over the next five years. And while NFL ratings are declining, Fox is paying some 30 percent more per game for the rights.

Is it overpaying?

“I don’t think so,” Fox Networks CEO Peter Rice said at the Code Media conference today in California. “Any time you go to an auction, somebody wins, and everybody who loses says that the winner overpaid.”

But something is different this time, CNBC’s Julia Boorstin prodded — ratings are down, notably for the Thursday night games that Fox acquired the rights to. How does that make sense?

“You either have the most-watched content on television, or you don’t have it,” Rice said.

Fox has been spending big bucks for NFL games since 1993, Rice noted, adding that revenue from those games has helped fuel many of Fox’s businesses since — such as FX and other newer television networks — and could continue to fuel new ones in the future.

Rice also said:

  • He doesn’t know which company he’ll go to if Disney successfully buys 21st Century Fox, where he’s president.
  • Hulu — partly owned by Fox, and where Rice is on the board — has added more subscribers in the U.S. than Netflix in the last two quarters. Rice thinks it’ll have 20 million subs by the time the Disney deal closes.
  • Hulu’s over-the-top pay TV service, for Fox at least, is the fastest growing. Some subscribers are “cord nevers” who are signing up for pay TV, others are attracted to its lower price than cable. For the last quarter, over-the-top TV replacement services have “essentially wiped out any cord cutting” for Fox.
  • The broad movement against sexual harassment and abuse in the workplace — which took down several Fox News executives and personalities — is “something that’s been sort of a wakeup call for companies” and how they address these issues. Rice says Fox has been more open and is encouraging people to come forward.

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People are flocking to #DeleteHQ after news of Peter Thiel funding

Players of the widely popular trivia app HQ are displeased with the news that the app’s next round of funding may come from Founders Fund, a venture firm founded by billionaire and Peter Thiel. Recode reported the news yesterday; today, the hashtag #DeleteHQ has started trending as users are speaking out against plans to raise money with Thiel’s company.

Trivia app HQ has enjoyed a rapid rise in popularity since its launch, including a milestone of 1 million players just last month and a launch in the UK. Despite its popularity, however, its creators have had trouble pulling in investor money, largely due to claims of unsavory behavior on the part of HQ co-founder Colin Kroll. According to Recode, the company plans to pull money in…

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Apple Shares Short Film Shot on iPhone X, ‘Three Minutes’ Directed by Peter Chan

Apple is always willing to share amazing images and videos that customers capture on their devices, case in point being “Shot on iPhone” and “Selfies on iPhone X” ad campaigns. Continue reading
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