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Thursday, May 3, 2018

Cambridge Analytica Shuts Down


Cambridge Analytica said on Wednesday, the company and its British parent SCL Elections Ltd are shutting down immediately. This after suffering a sharp drop in business. The firm has become embroiled in a controversy over its handling of Facebook Inc user data. The company said it will begin bankruptcy proceedings after having lost clients and mounting legal fees. Both have resulted from the scandal over reports the company harvested personal data about millions of Facebook users beginning in 2014. The statement said, “The siege of media coverage has driven away virtually all of the Company’s customers and suppliers." https://ift.tt/2HOvELE http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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