78°
Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Firm at center of Facebook privacy scandal to close

1 month 3 weeks 2 days ago Wednesday, May 02 2018 May 2, 2018 May 02, 2018 1:58 PM May 02, 2018 in News
Source: Associated Press
By: Associated Press
Photo: Mirror UK

NEW YORK (AP) - The data firm at the center of Facebook's privacy scandal is declaring bankruptcy and shutting down.

In a statement, Cambridge Analytica says it has been "vilified" for actions it says are both legal and widely accepted as part of online advertising. The firm says the media furor stripped it of its customers and suppliers, forcing it to close.

Cambridge Analytica sought information on Facebook to build psychological profiles on a large portion of the U.S. electorate. The company was able to amass the database quickly with the help of an app that appeared to be a personality test.

The app collected data on tens of millions of people and their Facebook friends, even those who did not download the app themselves.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days