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

Group Commends Improved Bye-Elections in Ahoada East, Khana Constituency
Patience Or Parting Ways: Finidi’s Fate
Tinubu Removes IGP Egbetokun, Tunji Disu to Take Over
E-Transmission of Election Results
Akuku-Toru APC Unanimously Elects National Delegates
Bayelsa Chief Judge Swears In Deputy Governor

Leave a Reply

Your email address will not be published.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