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Cambridge Analytica files for bankruptcy

Cambridge Analytica files for bankruptcy

Cambridge Analytica, the firm at the centre of this year’s Facebook privacy row, filed for voluntary Chapter 7 bankruptcy in a New York court late on Thursday. Cambridge Analytica LLC listed assets in the range of $100,001 to $500,000 and liabilities in the range of $1 million to $10 million. Cambridge Analytica and its British […] …

Cambridge Analytica Files For Voluntary Bankruptcy In US

  Cambridge Analytica, the British marketing analytics firm, filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed. The firm, whose attorney filed late Wednesday, announced early May that it would close and file for bankruptcy in Britain and the United States after failing to recover from the Facebook data … Continue reading Cambridge Analytica Files For Voluntary Bankruptcy In US
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Cambridge Analytica shuts down amid Facebook crisis

Cambridge Analytica shuts down amid Facebook crisis

Amid the data privacy crisis rocking Facebook, data harvesting company, Cambridge Analytica shut down its offices on Wednesday. The move, which impacts all offices of both companies worldwide, comes amid recent revelations that the company harvested the data of up to 87 million Facebook users without their consent, reports Wired. READ ALSO: Governor Sani Bello has lived in boys’ […] …

Five key points from Mark Zuckerberg’s Senate testimony

Facebook’s founder and CEO, Mark Zuckerberg appeared before the Senate Judiciary and Commerce committees fielding questions with regards to the data breach of users of the social media network.  Here are five key points from the five-hour long hearing. Apologies On Cambridge Analytica Cambridge Analytica used data scraped from 87 million Facebook users to influence […] …

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