CAMBRIDGE ANALYTICA AND SCL PAY PRICE OF TREACHERY

CAMBRIDGE ANALYTICA AND SCL PAY PRICE OF TREACHERY

Postby Cannydc » Fri May 18, 2018 3:02 pm

Cambridge Analytica, the data firm at the centre of the Facebook privacy scandal, has filed for bankruptcy.

The company filed for voluntary Chapter 7 bankruptcy in a New York court late on Thursday after being buried by legal fees and lost business.

Cambridge Analytica LLC listed assets as about $100,001 to $500,000 and liabilities in the range of $1 million to $10 million.

SCL Group, parent company of Cambridge Analytica, is also closing in the wake of rising legal costs in the Facebook investigation and loss of clients.

My heart bleeds.....not.

I trust this won't stop ant criminal charges going ahead.
User avatar
Cannydc
 
Posts: 12041
Joined: Sun Oct 02, 2011 4:59 pm

Return to News, Politics And Current Affairs

Who is online

Users browsing this forum: Google [Bot] and 9 guests