• Cambridge Analytica Declares Bankruptcy in U.S. in Wake of Facebook Scandal

    7 days ago - By Variety

    Cambridge Analytica - the political-analytics firm at the center of Facebook's recent user-data scandal - has officially filed for bankruptcy in the U.S. In a filing late Thursday, the U.K.-based company filed for Chapter 7 bankruptcy protection in U.S. Bankruptcy Court Southern District of New York. Cambridge Analytica listed assets in the range of $100,001...
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  • Cambridge Analytica Files For Bankruptcy After Facebook Data Scandal

    Cambridge Analytica Files For Bankruptcy After Facebook Data Scandal

    7 days ago - By Hypebeast

    Cambridge Analytica , the Trump campaign-associated firm at the center of Facebook 's data scandal , has filed for voluntary Chapter 7 bankruptcy in a New York court on Thursday.
    According to the filings, Cambridge Analytica LLC estimated assets in the meager range of $100,001 to $500,000 USD and liabilities in the range of $1 million to $10 million USD.
    In March, Cambridge Analytica came under fire for the alleged misuse of personal data of 87 million Facebook users , as well as the firm's ties to Donald Trump's 2016 presidential campaign, raising questions about the role of social media...
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