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Palantir Sues Swiss Magazine Amid European Hesitation

2/23/2026

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Story summary
  • Palantir Technologies filed a lawsuit in January against the Swiss magazine Republik over articles reporting that Swiss federal authorities rejected its services due to data sovereignty and legal compliance concerns.
  • The lawsuit asserts Palantir Technologies lacks sufficient rights to reply under Swiss media law.
  • Alex Karp, Palantir Technologies' chief executive officer, acknowledged real hesitation in Europe regarding the company's products.
  • Palantir Technologies reported fourth-quarter revenue of $1.41 billion, a 70% year-over-year increase.
  • Palantir Technologies secured a $1 billion contract with the U.S. Department of Homeland Security.