Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(66,998 posts)
20. BBC: Cambridge Analytica: Facebook data-harvest firm to shut
Wed May 2, 2018, 02:29 PM
May 2018

Source: BBC

Cambridge Analytica: Facebook data-harvest firm to shut

2 May 2018

Cambridge Analytica, the political consultancy at the centre of the Facebook data-sharing scandal, is shutting down.

The firm was accused of improperly obtaining personal information on behalf of political clients.

-snip-

Clarence Mitchell, a spokesman for Cambridge Analytica, referred the BBC to a statement on the firm's website.

"Over the past several months, Cambridge Analytica has been the subject of numerous unfounded accusations and, despite the company's efforts to correct the record, has been vilified for activities that are not only legal, but also widely accepted as a standard component of online advertising in both the political and commercial arenas," it said.

"Despite Cambridge Analytica's unwavering confidence that its employees have acted ethically and lawfully... the siege of media coverage has driven away virtually all of the company's customers and suppliers.

"As a result, it has been determined that it is no longer viable to continue operating the business."

-snip-


Read more: http://www.bbc.com/news/business-43983958

Recommendations

0 members have recommended this reply (displayed in chronological order):

It is Mueller time Botany May 2018 #1
Yep. dalton99a May 2018 #3
Mueller might have real time audio and maybe video of Manafort speaking to his Russian contacts ... Botany May 2018 #7
I wouldn't doubt it at all. dalton99a May 2018 #8
Arrest The Owners They Were Involved In The Crimes PaulX2 May 2018 #29
Good news - now, will the UK still tolerate their presence? lagomorph777 May 2018 #2
They appear to be closing in the UK too, according to Channel 4 News muriel_volestrangler May 2018 #14
The Guardian & Independent has it BumRushDaShow May 2018 #19
Not even Ted Cruz stayed with them? catrose May 2018 #23
He's gonna have to find another BumRushDaShow May 2018 #24
oh, me too! catrose May 2018 #25
"All employees will be offered positions in the new Moscow office!" bullwinkle428 May 2018 #4
My first thought,opening in NEW office space in Russia........ Bengus81 May 2018 #5
Post of the Day. watoos May 2018 #6
LOL onetexan May 2018 #10
From my twitter feed Gothmog May 2018 #9
Link to CNBC nitpicker May 2018 #11
You can't answer subpoenas RockRaven May 2018 #12
They've already renamed themselves EMERDATA NewJeffCT May 2018 #13
That's an important point. So far, news stories aren't talking about it (nt) muriel_volestrangler May 2018 #16
All the tweeters are, muriel - Leghorn21 May 2018 #22
It's now being noted in the media articles: muriel_volestrangler May 2018 #33
I missed this. Great development per news coverage, as the information has been out there for more salin May 2018 #36
Yep. From linked businessinsider article, March of this year: Leghorn21 May 2018 #27
10+ salin May 2018 #35
press release Gothmog May 2018 #15
And, please... hurple May 2018 #17
Same as Blackwater and CCA pecosbob May 2018 #18
Livin' In The USA! PaulX2 May 2018 #26
Yep. Blackwater's the perfect example. They'll just come back (more evil) under another name stuffmatters May 2018 #30
BBC: Cambridge Analytica: Facebook data-harvest firm to shut Eugene May 2018 #20
Sounds like an attempt to stop any investigation into them. cstanleytech May 2018 #21
Cambridge Analytica has gone bankrupt in the US and the UK. pnwmom May 2018 #28
More attn needs to be paid to Koch Bros i360; reportedy more massive cyber psych op than CA stuffmatters May 2018 #31
I see... Thunderbeast May 2018 #32
They'll be back Yo_Mama_Been_Loggin May 2018 #34
"Turn in your ID cards. New cards to be issued tomorrow." Ilsa May 2018 #37
Latest Discussions»Latest Breaking News»Cambridge Analytica Just ...»Reply #20