Cambridge Analytica is shutting down

Tech

After the far-reaching scandal over mishandled Facebook user data, Cambridge Analytica is shutting down. The data analytics company’s United Kingdom-based parent organization, SCL Group, will also be shuttered,

The news was reported earlier by The Wall Street Journal. The company soon confirmed the report in a press release, which said SCL Group has filed for insolvency, and that bankruptcy proceedings will begin soon for Cambridge Analytica as well.

Cambridge Analytica, which gained fame by working on data analytics for the Trump presidential campaign, was engulfed by controversy after reports that it obtained data on millions of Facebook users through a seemingly innocuous personality…

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