Cambridge Analytica officially files for bankruptcy

Cambridge Analytica officially files for bankruptcy

Christopher Wylie, the former director of research for Cambridge Analytica and its London-based affiliate company SCL Group, said at a Senate Judiciary Committee hearing on Wednesday that his company communicated with Russian firms and operatives that could have facilitated access to data from 87 million U.S. Facebook users.

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.

According to a statement from the firm, it claimed that it lost clients after the Facebook data breach came to light, when it was revealed that Cambridge Analytica had obtained personal details of Facebook users to influence the US Presidential elections in favour of current president Donald Trump.

Political consulting group Cambridge Analytica used Russian researchers and shared data with companies linked to Russian intelligence, a whistleblower told a congressional hearing on interference in the 2016 U.S. election Wednesday. Wylie said Nix and Cambridge Analytica made presentations and sent documents to Lukoil, including a white paper about Cambridge Analytica's data collection and online targeting of Americans.

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By training, Adams is an anaesthesiologist and was earlier a health commissioner in IN, before becoming the US Surgeon General. Adams!" Adams and the two nurses accompanied the patient to the gate, where the medics were waiting.

"Wylie told the panel that Russian-American researcher Aleksandr Kogan, who created an application to harvest Facebook user profile data, was working at the same time on Russian-funded projects, including "behavioral research". This week, Facebook said it suspended 200 third-party apps that had access to large amounts of user info pending review of whether they misused that data.

Facebook has scrambled to respond to the Cambridge Analytica blowback, which caught the company off guard and resulted in CEO Mark Zuckerberg testifying in two USA congressional hearings.

The company said "the siege of media coverage" had driven away "virtually all" of its customers and suppliers, and as a result it was no longer viable to continue operating the business.

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