AD

Cambridge Analytica files for bankruptcy.

Cambridge Analytica, the firm at the center of this year’s Facebook (FB.O) privacy row, filed for voluntary Chapter 7 bankruptcy in a New York court late on Thursday.

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.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Tinubu Approves Extension Of Ban On Raw Shea Nut Export
Group Commends Improved Bye-Elections in Ahoada East, Khana Constituency
Tinubu Congratulates Bye-Election Winners, Praises Wike
Dr. Agala Advocates Multi-Level Strategy to Sustain Health Intervention Funding
‎DAMA Academy, DSTI List Tools for National Devt
Fubara Urges Voters to Back APC Candidates in Bye-Election

Leave a Reply

Your email address will not be published. Required fields are marked *