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Cambridge Analytica's CEO allegedly took $8 million from the firm before its closure

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Publication Date: 2018-06-06
Reuters Former Cambridge Analytica CEO Alexander Nix allegedly withdrew more than $8 million from the British data firm before its collapse last month. The Financial Times, citing sources, reported that Nix took the cash shortly after media reports of Cambridge Analytica's involvement in the Facebook data scandal. He is now in dispute with investors over returning the money, which was reportedly intended to help get successor data firm, Emerdata, off the ground. Nix told British lawma...
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Alexander Nix took $8 million from Cambridge Analytica, reports the FT - Business Insider Deutschland

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Publication Date: 2018-06-06
Former Cambridge Analytica CEO Alexander Nix allegedly withdrew more than $8 million from the British data firm before its collapse last month. The Financial Times, citing sources, reported that Nix took the cash shortly after media reports of Cambridge Analytica's involvement in the Facebook data scandal. He is now in dispute with investors over returning the money, which was reportedly intended to help get successor data firm, Emerdata, off the ground. Nix told British lawmakers on Wedne...
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Cambridge Analytica's CEO allegedly took $8 million from the firm before its closure

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Alexander Nix, the former CEO of Cambridge Analytica. Reuters The former CEO of Cambridge Analytica allegedly withdrew more than $8 million (£6 million) from the British data firm before its collapse last month. The Financial Times reported on Wednesday that Alexander Nix is in dispute with investors after he allegedly walked away with the cash, while Cambridge Analytica staff and investors salvaged little or nothing from the company's closure. Specifically, the FT said, the dispute is wit...
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Alexander Nix took $8 million from Cambridge Analytica, reports the FT - Business Insider Deutschland

News

Publication Date: 2018-06-06
Former Cambridge Analytica CEO Alexander Nix allegedly withdrew more than $8 million from the British data firm before its collapse last month. The Financial Times, citing sources, reported that Nix took the cash shortly after media reports of Cambridge Analytica's involvement in the Facebook data scandal. He is now in dispute with investors over returning the money, which was reportedly intended to help get successor data firm, Emerdata, off the ground. Nix told British lawmakers on Wedne...
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Will Cambridge Analytica re-emerge as Emerdata? | Fox News

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Publication Date: 2018-05-03
Cambridge Analytica's decision to shutter its operations has prompted speculation that the controversial firm may re-emerge as a mysterious new company called Emerdata. The data mining company announced Wednesday that it plans to file for bankruptcy in Britain and the U.S., saying negative publicity surrounding allegations that it improperly harvested data from millions of Facebook users drove potential clients away. The Wall Street Journal reported Wednesday that Cambridge Analytica’s pare...

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