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Government Business

All articles tagged with #government business

"Palantir Investors Rejoice: Major News Unveiled"
businesstech2 years ago

"Palantir Investors Rejoice: Major News Unveiled"

Palantir's government business growth has slowed, but a new partnership with Oracle to integrate AI and cloud infrastructure could reignite its legacy public sector operation. Despite a plateau in government revenue growth, the company's expansion into the private sector has been impressive, catching the attention of investors like Ark Invest CEO Cathie Wood. With a high degree of financial flexibility and potential for growth in AI and cloud computing, Palantir's partnership with Oracle presents a compelling opportunity for investors to consider.

PwC Australia undergoes major changes following scandal and leadership shakeup.
business3 years ago

PwC Australia undergoes major changes following scandal and leadership shakeup.

PwC Australia will sell its government business for A$1 after a scandal over the misuse of confidential government tax plans. The move will allow the firm "to move forward with predictability and focus," PwC Australia said in a statement. The company has said that no confidential information had been used to help clients pay less tax. PwC Australia appointed Kevin Burrowes as its new chief executive on Sunday. The company also said it would sell its Australian federal and state government business to private equity firm Allegro Funds.