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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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BRIEF-Cambridge Analytica Closing Operations Following Facebook Data Controversy - WSJ | Reuters

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Publication Date: 2018-05-02
May 2 (Reuters) - * CAMBRIDGE ANALYTICA CLOSING OPERATIONS FOLLOWING FACEBOOK DATA CONTROVERSY - WSJ * NIGEL OAKES, THE FOUNDER OF SCL GROUP, CAMBRIDGE ANALYTICA’S BRITISH AFFILIATE, CONFIRMED THAT BOTH COMPANIES WERE CLOSING DOWN - WSJ * CAMBRIDGE ANALYTICA DECIDED TO CLOSE ITS DOORS BECAUSE IT WAS LOSING CLIENTS AND FACING MOUNTING LEGAL FEES IN THE FACEBOOK INVESTIGATION - WSJ * CAMBRIDGE ANALYTICA IS SHUTTING DOWN EFFECTIVE WEDNESDAY AND EMPLOYEES HAVE BEEN TOLD TO TURN IN THEIR COMPU...
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Cambridge Analytica shutting down - WSJ | Reuters

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Publication Date: 2018-05-02
May 2 (Reuters) - SCL Group and its Cambridge Analytica consultancy, at the center of this year’s Facebook privacy row, are closing, the Wall Street Journal reported on Wednesday, quoting company managers. The firm did not immediately respond to a request for comment. (Reporting by Munsif Vengattil in Bengaluru; editing by Patrick Graham)
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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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