May 032018
 May 3, 2018  Posted by  Breaches, Business, Featured News

Nicholas Confessore and Matthew Rosenberg report:

The embattled political consulting firm Cambridge Analytica announced on Wednesday that it would cease most operations and file for bankruptcy amid growing legal and political scrutiny of its business practices and work for Donald J. Trump’s presidential campaign.

The decision was made less than two months after Cambridge Analytica and Facebook became embroiled in a data-harvesting scandal that compromised the personal information of up to 87 million people.

Read more on New York Times.

And read about their new company, Emerdata, on Mother Jones.  (h/t, Joe Cadillic)

  One Response to “Cambridge Analytica to File for Bankruptcy After Misuse of Facebook Data”

  1. What a mess this Cambridge Analytica situation. Thanks for sharing.

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