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Cambridge Analytica shuts, but will new firm Emerdata now offer election wins to highest bidder? — RT UK News

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The company at the heart of Facebook’s data harvesting scandal has filed for bankruptcy. But that doesn’t mean the UK firm’s executives and moneymen are simply riding off into the sunset. When news broke that Cambridge Analytica and its parent company, SCL Group, were to shut their doors and file for bankruptcy, little sympathy was found for the firms on social media. A company statement cited the “the siege of media coverage” in the wake of the scandal, which saw 87 million Facebook users ...
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Emerdata: Basically Cambridge Analytica Rebranded | Metro US

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Publication Date: 2018-05-03
Boasting many of the same principals as Cambridge Analytica, that company's announced "shutdown" looks a lot like a renaming. And the timing is suspicious. Yesterday, it was reported that Cambridge Analytica, the Trump-connected data-mining firm that improperly accessed Facebook data of 87 million people, was shutting down. But "shutting down" may not mean much — many of that company's principal players are associated with a new data company called Emerdata. What is Emerdata? Emerdata was ...
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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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Cambridge Analytica executives and Mercer family launch Emerdata - Business Insider Deutschland

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Publication Date: 2018-03-21
The power players behind Cambridge Analytica have set up a new company — and the daughters of Donald Trump-supporting billionaire Robert Mercer have just joined as directors. Rebekah and Jennifer Mercer joined Emerdata on March 16, but it is shrouded in mystery. Alexander Nix, the suspended CEO of Cambridge Analytica, is also a director, as well as other executives from parent firm SCL Group. Emerdata also lists Johnson Chun Shun Ko, a Chinese executive from Frontier Services Group, the mi...
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Goodbye Cambridge Analytica, hello Emerdata?

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Publication Date: 2018-05-03
Hope you're not planning to come back under a different guise... The Wall Street Journal reports that Cambridge Analytica, the shady firm at the centre of the recent Facebook data scandal, is shutting down. Cambridge Analytica, which specialises in the rather creepy field of “psychographic” profiling, acquired the data of more than 50 million Facebook users via an illegitimate route. The company acquired the information without the knowledge of Facebook users who ran a personality quiz app ...
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Cambridge Analytica: Will data scandal firm return from the dead? - BBC News

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Image copyright Reuters Image caption Cambridge Analytica's Washington office has been left unmanned Are Cambridge Analytica and its parent SCL Elections as dead as they seem? The businesses issued a statement on Wednesday, saying they had started bankruptcy proceedings, blaming a "siege of media coverage" related to the Facebook data-harvesting scandal for the decision. The document added that staff were being laid off as a consequence. But the role of two other London-registered operati...
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Cambridge Analytica is Dead! So What? Emerdata is enough to Break India | IndiaFactsIndiaFacts

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Publication Date: 2018-05-05
After indulging in massive data theft, in their attempt to ensure a victory for their clients by spreading lies through the Social Websites, Cambridge Analytica and SCL have announced closure of their firms due to unavoidable circumstances. The Founder Director has also appealed to the Government to compensate or clear the debts blaming the media hullabaloo that caused company running up huge debts becoming bankrupt and thus facing closure. It literally means that Cambridge Analytica is on th...
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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 founder says no rebranding under a new name - Business Insider Deutschland

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Publication Date: 2018-05-08
The founder of Cambridge Analytica's parent company, Nigel Oakes, told Bloomberg on Tuesday the firm won't be rebranding under a new company called Emerdata. Emerdata, the mysterious data firm featuring several top Cambridge Analytica executives, is under the control of a court appointed administrator in the U.K., Oakes said. Oakes did not say what will happen to Cambridge Analytica's data. The founder of Cambridge Analytica's parent company, SCL Group, says the controversial data analyt...
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Cambridge Analytica files for bankruptcy amidst “siege” of negative attention | Ars Technica

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Cambridge Analytica LLC, the American arm of the London-based data analytics firm of the same name, filed for bankruptcy in federal court in New York on Friday. The company submitted a voluntary formal petition for Chapter 7 bankruptcy—liquidation. That document reveals the company has between $1 and $10 million in debt with very little assets. On May 2, SCL Elections Ltd. and its other British affiliates filed similar "insolvency" documents with UK authorities. It was revealed last month t...
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Cambridge Analytica Chief ‘Withdrew $8M’ From Company Linked To Trump’s Wealthy Supporters

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Publication Date: 2018-06-06
The former chief executive of Cambridge Analytica allegedly withdrew $8 million from the data consulting firm before it shut down in the wake of Facebook data breach scandal. The Financial Times on Wednesday reported that Alexander Nix banked the money for "unbooked services" after the first media reports in March revealed that London-based Cambridge Analytica had illicitly harvested 87 million Facebook accounts to target voters during Donald Trump's successful 2016 presidential campaign. Ca...
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Cambridge Analytica dismantled for good? Nope: It just changed its name to Emerdata • The Register

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Publication Date: 2018-05-02
The company formerly known as Cambridge Analytica shocked the media today when it announced an immediate shutdown and liquidation of its business. That "shutdown," however, may be short-lived as official documents indicate those behind the controversial analytics company will be launching as a new firm with a less-toxic brand. The surprise announcement came on Wednesday evening, when the UK-based Cambridge Anal., and its parent organization SCL Elections, stated it would enter insolvency pr...
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Cambridge Analytica is out of business, but its heavy hitters have reopened under a new name / Boing Boing

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Publication Date: 2018-05-02
Cambridge Analytica is out of business, but its heavy hitters have reopened under a new name Cambridge Analytica may be out of business thanks to bad publicity, but "Emerdata" is a new company, whose board includes the daughters of Robert Mercer, who bankrolled Cambridge Analytica; disgraced former Cambridge Analytica CEO Alexander Nix is on its board of directors, and much of Cambridge Analytica's C-suite has packed up their desks and moved into the Emerdata offices. The company was formed...
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Cambridge Analytica connections to new company Emerdata raise concerns of a 'hydra beast' resurrection - One World Identity

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Publication Date: 2018-05-04
Just days after Cambridge Analytica announced it would be closing its doors, a new report reveals ties between the data collection political outfit and another company called Emerdata, raising concerns that the same company could simply reemerge under a new name. Lawmakers and former employees of Cambridge Analytica tipped the Financial Times off to its ties to Emerdata, including the same registered address in London, and the same board of directors. The revelations led Damian Collins, cha...
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Cambridge Analytica Won't Be Revived Under New Company Name - Bloomberg

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Publication Date: 2018-05-08
When the political consulting firm Cambridge Analytica announced last week it would be closing its doors and filing for bankruptcy in the wake of the Facebook Inc. data scandal, speculation mounted that it would be revived under the guise of two new companies set up in London. Not so, said Nigel Oakes, the founder of Cambridge Analytica’s British affiliate, SCL Group. "It’s the end of the show," he said by phone Tuesday. "The whole lot is gone. There’s no secret. For anything like this to r...
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Tales of the scary data lifecycle: Cambridge Analytica and Emerdata | ZDNet

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Video: A violation of trust: Where Facebook and Cambridge Analytica went wrong When salacious tales of Cambridge Analytica's activities emerged in 2018, we thought the company was finished. The many on-air discussions of illegal activities, law enforcement warrants, legal action threats from partners, and questionable ethics had appeared to doom them. We then saw multiple suspensions and resignations, and on May 2, 2018 Cambridge Analytica announced it would file for bankruptcy. For a brief ...
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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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The Cambridge Analytica power players set up a mysterious new data firm — and they could use it for a 'Blackwater-style' rebrand

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Former Cambridge Analytica CEO Alexander Nix. Reuters The power players behind Cambridge Analytica set up a mysterious new data firm last year — and there is speculation that it could be used a rebrand vehicle after Cambridge Analytica was shut down. Business Insider reported earlier this year that Emerdata was incorporated in August 2017 by executives at Cambridge Analytica, which was abruptly shuttered on Wednesday. Citing two sources familiar with the plans, The New York Times reported ...
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The rebirth of Cambridge Analytica

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Publication Date: 2018-05-12
CAMBRIDGE ANALYTICA, the data [VIDEO]driven company that was shown to be breaking the law through their use of personal data that was obtained wrongfully in both moral and legal standings, shut down recently citing the loss of clients after the Facebook scandal. But there are suggestions that this could be a ruse to then resume operations under a different guise. There were suggestions in the Guardian that the company could re-emerge because the leaders of Cambridge Analytica formed a comple...
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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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Investigators Vow to Pursue Individual Criminal Probes as Cambridge Analytica Is Liquidated

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Publication Date: 2018-05-22
LONDON—British law enforcement officials vowed to continue their pursuit of Cambridge Analytica via criminal probes into individual members of staff after the company sent its remaining employees home and reportedly told them the company would be liquidated on Tuesday. Shuttering the company makes it impossible for the Information Commissioners’ Office (ICO) to impose financial sanctions on Cambridge Analytica—or individuals who worked for the political consultancy—but investigators will sti...
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Is Cambridge Analytica really shutting down? – ThinkProgress

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On Wednesday, Julian Wheatland, the new CEO of the much-maligned Cambridge Analytica, told employees that both Cambridge Analytica and its parent company, SCL Group, were shutting down for good. One of the primary reasons Wheatland cited, according to Gizmodo, was that any attempt to rebrand the company in the face of its massive data harvesting scandal was “futile.” That may be true for the employees, but it doesn’t appear to apply to Cambridge Analytica’s higher-ups. Rebekah Mercer — who,...
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Cambridge Analytica: Will data scandal firm return from the dead? - BBC News

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Image copyright Reuters Image caption Cambridge Analytica's Washington office has been left unmanned Are Cambridge Analytica and its parent SCL Elections as dead as they seem? The businesses issued a statement on Wednesday, saying they had started bankruptcy proceedings, blaming a "siege of media coverage" related to the Facebook data-harvesting scandal for the decision. The document added that staff were being laid off as a consequence. But the role of two other London-registered operati...
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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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