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Thursday, May 3, 2018

Cambridge Analytica and Parent SCL Elections Shutting Down


Cambridge Analytica and its British parent firm SCL Elections LTD are shutting down immediately, the company said. Cambridge Analytica is the data firm embroiled in a controversy over its handling of Facebook Inc user data. SLC Elections and Cambridge Analytica will soon begin bankruptcy proceedings. The firm has lost clients and faced mounting legal fees in the controversy surrounding harvesting Facebook users personal data. The company made a statement saying “The siege of media coverage has driven away virtually all of the Company’s customers and suppliers.” The firm is shutting down effective Wednesday and employees have been told to turn their computers in. https://ift.tt/2HJoUCD http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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