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Topic: Cambridge Analytics has announced the closure. (Read 114 times)

jr. member
Activity: 504
Merit: 3
And rightfully so. Dealing with personal information and data despite people knowing anything about it is just wrong and definitely not a joke. Luckily, I didn't have any personal information present on Facebook, but if I did I would be furious when I'd have found out that they were leaking my info to third parties. Someone needed to answer this and they still will in the future.
member
Activity: 219
Merit: 11
She lost all her clients.

On may 2, 2018, the management of Cambridge Analytica announced the closure of all three of its offices in the United States and London and asked them to surrender their passes. This was reported by the publication Wall Street Journal and confirmed by representatives of the company.

"We are confident that all our employees acted ethically and in accordance with the law, but the coverage of the scandal in the media scared all our customers and partners. We can't keep doing business.”

The Wall Street Journal's sources also claim that the company faced difficulties in the payment of fines from regulators.

In 2015, Facebook found out that Cambridge Analytica bypassed the rules of the social network received information 87 million users from the application thisisyourdigitallife, which received data on Facebook API. This data she allegedly used for political advertising in the US elections in 2016.

In March 2018, against the background of the scandal, the company announced the change of the CEO and the beginning of an internal investigation.

Source vc.ru
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