Analytica Cambridge Analytica closing down after Facebook row

[Soph0571]

SCL Group and its Cambridge Analytica consultancy, which were at the centre of this year’s Facebook privacy row, are closing and starting insolvency proceedings.

The company has been plagued by scandal since the Observer reported that the personal data of about 50 million Americans and at least a million Britons had been harvested from Facebook and improperly shared with Cambridge Analytica.

Cambridge Analytica denies any wrongdoing, but says the negative media coverage led to its closure.

In a statement the company said it had begun insolvency proceedings in the UK and the US.

[link:https://www.theguardian.com/uk-news/2018/may/02/cambridge-analytica-closing-down-after-facebook-row-reports-say|

[HopeAgain]

1. And secretly starting up as something else...

They are not going away, the Russians and Republicans need them too much.

[Scoopster]

2. Not so secret..

There was a big deal about the new company in England a few weeks back.

http://www.businessinsider.com/cambridge-analytica-executives-and-mercer-family-launch-emerdata-2018-3

[NewJeffCT]

3. they're rebranding themselves Emerdata

more here

https://www.democraticunderground.com/100210567999

[redstatebluegirl]

4. They are re-branding trying to avoid the obvious litigation.