Published: Fri, May 18, 2018
People | By Neil Grant

Cambridge Analytica files for bankruptcy in US

Cambridge Analytica files for bankruptcy in US

Cambridge Analytica, the company at the centre of the Facebook storm over privacy, has filed for voluntary Chapter 7 bankruptcy in NY.

Cambridge Analytica had been under fire after allegations it misused the personal data of millions of people from Facebook and tried to use it to influence votes in the U.S. election. Wylie, who was the first to sound the alarm on Cambridge Analytica's use of private data from millions of Facebook users, said he had documents to back up his claims.

"Mr. Bannon sees cultural warfare as the means to create enduring change in American politics".

The company had said earlier this month that they planned to shut down immediately and begin bankruptcy proceedings after a steep drop off in business. Iran, Syria on agenda for Macron visit MORE (D-Del.) whether Bannon's goal "was to suppress voting or discourage certain individuals in the US from voting".

Cambridge Analytica files for bankruptcy in US
Cambridge Analytica files for bankruptcy in US

After the hearing, Wylie told CNN that although he did not take part in voter suppression activities, he alleged that African-Americans were particular targets of Cambridge Analytica's "voter disengagement tactics", which he said were used to "discourage or demobilize certain types of people from voting", and that campaigns and political action committees requested voter suppression from Cambridge Analytica.

Few months ago Wylie made headlines for revealing almost 87 million people may have been victims of data harvested by Cambridge Analytica without their consent as a result of a third-party application spoke of voter suppression during a Senate Intelligence Committee Wednesday.

Facebook disclosed in March that consultancy Cambridge Analytica had harvested data belonging to millions of users.

Meanwhile, another whistleblower said Britons' personal data may have been misused by a pro-Brexit campaign ahead of the 2016 referendum in which Britain voted to leave the European Union.

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