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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnalytica Cambridge Analytica closing down after Facebook row
SCL Group and its Cambridge Analytica consultancy, which were at the centre of this years Facebook privacy row, are closing and starting insolvency proceedings.
The company has been plagued by scandal since the Observer reported that the personal data of about 50 million Americans and at least a million Britons had been harvested from Facebook and improperly shared with Cambridge Analytica.
Cambridge Analytica denies any wrongdoing, but says the negative media coverage led to its closure.
In a statement the company said it had begun insolvency proceedings in the UK and the US.
The company has been plagued by scandal since the Observer reported that the personal data of about 50 million Americans and at least a million Britons had been harvested from Facebook and improperly shared with Cambridge Analytica.
Cambridge Analytica denies any wrongdoing, but says the negative media coverage led to its closure.
In a statement the company said it had begun insolvency proceedings in the UK and the US.
[link:https://www.theguardian.com/uk-news/2018/may/02/cambridge-analytica-closing-down-after-facebook-row-reports-say|
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Analytica Cambridge Analytica closing down after Facebook row (Original Post)
Soph0571
May 2018
OP
HopeAgain
(4,407 posts)1. And secretly starting up as something else...
They are not going away, the Russians and Republicans need them too much.
Scoopster
(423 posts)2. Not so secret..
There was a big deal about the new company in England a few weeks back.
http://www.businessinsider.com/cambridge-analytica-executives-and-mercer-family-launch-emerdata-2018-3
NewJeffCT
(56,828 posts)3. they're rebranding themselves Emerdata
redstatebluegirl
(12,265 posts)4. They are re-branding trying to avoid the obvious litigation.