Facebook data scandal firm files for bankruptcy in US
British data firm Cambridge Analytica, involved in Facebook’s data scandal, has filed for voluntary bankruptcy in the US. The filing listed estimated liabilities of $1 million to $10 million. Earlier this month, Cambridge Analytica along with its parent company SCL Elections commenced insolvency proceedings in the UK after a drop in business.
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02:40 pm on 18 May
Source: Inshorts
Special Thanks to Inshorts