Cambridge Analytica data firm at center of Facebook privacy scandal declares bankruptcy
Britain's data regulator said on Wednesday it will continue investigations after data firm Cambridge Analytica, embroiled in a controversy over its handling of Facebook FB.O users' data, announced its closure.
"The ICO will continue its civil and criminal investigations and will seek to pursue individuals and directors as appropriate and necessary even where companies may no longer be operating".
The decision was taken because the company was losing clients and looking at growing legal costs, The Wall Street Journal said, citing a person familiar with the matter.
The employees have been asked to return their computers.
Noting its financial condition was precarious, it added: "Cambridge Analytica intends to fully meet its obligations to its employees, including with respect to notice periods, severance terms, and redundancy entitlements".
In its statement, Cambridge Analytica said the accusations against the company are "unfounded".
Area Officials Disappointed Over Lack of Highway 14 Funding
Senator Scott Newman (R-Hutchinson), chairman of the Senate Transportation Finance and Policy Committee, expressed disappointment. That project, which would eliminate traffic signals through Elk River from just north of the U.S.
Rep. Jenkins nominates President Donald Trump for Nobel Peace Prize
On April 20, 2018, North Korea announced it will end its nuclear weapons and intercontinental ballistic missile testing programs. Calls are growing for President Trump to be awarded the Nobel Peace Prize for his work toward peace on the Korean peninsula.
Man Charged With Attempting To Extort Kevin Hart
Jackson faces 2 felony counts: attempted extortion and extortion by threatening letter, according to TMZ . Between August 25 and August 30, 2017, Jackson tried to extort money from Hart for the tape.
"The siege of media coverage has driven away virtually all of the Company's customers and suppliers", the firm said.
Cambridge Analytica, the political consultancy at the centre of a row over the alleged misuse of personal data on tens of thousands of people, is to shut down as a result of the scandal.
See ya never: On Wednesday, Cambridge Analytica said it and its lesser-known parent company, SCL Elections, filed to begin bankruptcy proceedings in the United Kingdom and would shutter all its operations. In an announcement on its website, Cambridge Analytica said it and affiliated companies are immediately ceasing all operations and have filed applications to commence.
"Facebook's trying to move past this all, and this is kind of the next step in that", Ian Sherr, the executive editor of CNET News, said about Cambridge Analytica's closure.
Cambridge Analytica, however, maintained its innocence.
Bannon was a former vice president of the London-based firm, and Mueller has asked it to provide internal documents about how its data and analyses were used in the Trump campaign, according to sources familiar with the investigation.
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