Months after data scandal, Cambridge Analytica files for bankruptcy

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Months after data scandal,Cambridge Analytica files for bankruptcyMonths after being entangled in a major data scandal that shook the world, Cambridge Analytica, the firm at the centre of this year’s Facebook privacy row, filed for voluntary Chapter 7 bankruptcy in a New York court late on Thursday.   In the report, Cambridge Analytica LLC listed assets in the range of $100,001 to $500,000 and liabilities in the range of $1 million to $10 million.   Cambridge Analytica and its British parent SCL Elections Ltd said earlier this month that they would shut down immediately and begin bankruptcy proceedings after suffering a sharp drop in business.The post Months after data scandal,Cambridge Analytica files for bankruptcy appeared first on Linda Ikeji Blog.

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