Cambridge Analytica begins insolvency procedures in US
The consultancy was at the focal point of the Facebook information sharing embarrassment in which it was blamed for shamefully acquiring data on clients.
The insolvency procedures are a piece of the way toward shutting down the organization and its UK parent, SCL Elections, that began toward the beginning of May.
The organization faulted an "attack of media scope" for heading out clients and compelling its conclusion.
In court papers documented with a New York court, Cambridge Analytica said it had resources of up to $500,000 (£370,000) and obligations in the scope of $1m to $10m.
Controllers have said that, in spite of the company's stopping down and laying staff, they will at present seek after a test into how the firm utilized Facebook information.
The informal organization said information on in regards to 87 million clients was snatched when individuals finished a test facilitated on the site. This data was then passed on to Cambridge Analytica which has been blamed for utilizing it for political crusading.
The political consultancy constantly kept up that it did nothing incorrectly in the way it got and utilized the information.
The insolvency procedures are a piece of the way toward shutting down the organization and its UK parent, SCL Elections, that began toward the beginning of May.
The organization faulted an "attack of media scope" for heading out clients and compelling its conclusion.
In court papers documented with a New York court, Cambridge Analytica said it had resources of up to $500,000 (£370,000) and obligations in the scope of $1m to $10m.
Controllers have said that, in spite of the company's stopping down and laying staff, they will at present seek after a test into how the firm utilized Facebook information.
The informal organization said information on in regards to 87 million clients was snatched when individuals finished a test facilitated on the site. This data was then passed on to Cambridge Analytica which has been blamed for utilizing it for political crusading.
The political consultancy constantly kept up that it did nothing incorrectly in the way it got and utilized the information.
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