Cambridge Analytica shutting down, news says

Cambridge Analytica, a consultancy during the centre of this year’s Facebook remoteness row, is shutting a doors, the Wall Street Journal reported Wednesday, citing a owner of the firm’s U.K.-based parent.

SCL Group owner Nigel Oakes reliable that both companies were closing, a WSJ said.

The journal added, citing an unnamed source, that the decision was taken since a companies were losing clients and facing ascent authorised fees in a Facebook investigation.

The organisation did not immediately respond to a ask for comment.

The quarrel over a crude use of information on 87 million Facebook users by Cambridge Analytica in U.S. President Donald Trump’s 2016 U.S. choosing debate has harm a shares of a world’s biggest amicable network and stirred mixed official investigations.​

Article source: http://www.cbc.ca/news/technology/cambridge-analytica-shutting-down-1.4645324?cmp=rss