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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 chief accused of taking $8m before collapse

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Investors who backed a rebranding of Cambridge Analytica are in a stand-off with former chief executive Alexander Nix after he allegedly withdrew more than $8 million (€7.1 million ) from the scandal-hit data firm shortly before it collapsed. Several people involved in the dispute told the Financial Times the withdrawal came shortly after Mr Nix learned British media was reporting on allegations about his company’s role in a massive leak of Facebook user data in March. Mr Nix did not respond...
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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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Tory donors among investors in Cambridge Analytica parent firm | Politics | The Guardian

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Publication Date: 2018-03-21
Conservative party donors are among the investors in the company that spawned the election consultancy at the centre of a storm about use of data from Facebook. Filings for SCL Group, which is at the top of a web of companies linked to Cambridge Analytica, show that since its conception in 2005 its shareholders and officers have included a wine millionaire who has given more than £700,000 to the party, a former Conservative MP, and a peer who was a business minister under David Cameron. On ...
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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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