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Cambridge Analytica Is Shutting Down [Updated]

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Photo: Getty On Wednesday, Cambridge Analytica employees learned that its parent company, the SCL Group, was shuttering the business, with American-based workers directed to return their keycards immediately, according to documentation reviewed by Gizmodo. The news was announced during a conference call led by Julian Wheatland, the current chairman of the SCL Group who was reportedly tapped to take over as Cambridge Analytica’s next CEO. Both Cambridge Analytica and SCL Elections (the SCL G...
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Cambridge Analytica to File for Bankruptcy After Misuse of Facebook Data - The New York Times

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Publication Date: 2018-05-02
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. Revelations about the misuse of d...
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Cambridge Analytica shuts down after Facebook privacy scandal sees it lose hoards of clients - Daily Record

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Publication Date: 2018-05-02
Get daily updates directly to your inbox + Subscribe Thank you for subscribing! Could not subscribe, try again later Invalid Email Cambridge Analytica is shutting down following it's involvement in the Facebook data scandal. SCL Group and it's Cambridge Analytics consultancy are reportedly closing after the privacy investigation saw the companies lose hoards of clients. It comes as the businesses face mounting legal fees while they are at the centre of the recent Facebook row. The firm ha...

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