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Palantir Technologies settles hiring discrimination allegations

WASHINGTON (Reuters) - Palantir Technologies Inc has entered into a consent decree with the U.S. Labor Department to resolve charges it discriminated against Asian applicants in hiring for engineering jobs, the department said in a statement on Tuesday.

Palantir, a privately owned computer software and services company, will pay $1.7 million in back wages and other monetary relief, including the value of stock options, to those who were discriminated against and offer jobs to eight people, the statement said.

(Reporting by Eric Beech)