The CEO of database software company Palantir, Alex Karp, prodded companies to disclose and in some cases justify their presence in China in an interview with CNBC, noting that currently software development has an importance similar to that of the nuclear bomb in World War II.
“We are Palantir are very proud to develop products that make the western world stronger and we hope that those products put us in a position in which we, America and its allies, will decide what the ethics of the world will be,” said Karp.
The comments comes as tech giant Yahoo announced its withdrawal earlier in November from the Chinese market due to “the increasingly challenging business and legal environment in China.”
Thereby Yahoo joins an impressive list of tech companies which remain locked out of the Chinese market such as Twitter, Facebook and Google. Microsoft in October said it would shut down its professional networking platform LinkedIn.
Apple is currently the US tech company with the greatest presence in China.
(By Staff)
