• Cambridge Analytica Files for Bankruptcy After Facebook Data Leak Scandal

    5 monthes ago - By The Wrap

    Cambridge Analytica, the political firm at the center of Facebook's massive data leak scandal, filed for Chapter 7 bankruptcy late on Thursday.
    The move comes after the British firm shut down its operations earlier this month. The company's name became toxic after it was revealed earlier this year that the company had grabbed data on up to 87 million Facebook users in 2014. Cambridge Analytica went on to craft campaigns targeting voters with its data during the 2014 election cycle - and was eventually contracted by President Trump's campaign during the 2016 U.S. election.
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