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20 Jun 2018 2:18
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  •   Home > News > Technology

    Cambridge Analytica declaring bankruptcy, shutting down

    Scandal-hit political analysis firm Cambridge Analytica is declaring bankruptcy and shutting down.


    The company, which worked on the Brexit and Donald Trump campaigns, sustained severe criticism after harvesting the data from 87 million Facebook profiles.

    The move comes in the wake of rising legal costs in the Facebook investigation, and the loss of clients following revelations about the firm in March.

    © 2018 Newstalk ZB, NZCity


     Other Technology News
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     13 Jun: Fortnite on Switch, Elder Scrolls VI and Cyberpunk 2077: E3 2018's biggest moments
     01 Jun: Internet NZ has welcomed the Government's new Privacy Bill but says further improvements are needed to keep privacy law up to date
     23 May: Christchurch surgeons are using 3D technology to help save babies lives
     22 May: Christchurch families who can't afford internet may be subsidised
     21 May: Computer expert fears Kiwi businesses could be caught out by new far-reaching European privacy laws
     Top Stories

    RUGBY RUGBY
    NNew Zealand Rugby boss Steve Tew believes it may be worth looking at the red card process in rugby More...


    BUSINESS BUSINESS
    There are claims Around 1.35 billion dollars a year is laundered through corporate entities in New Zealand from fraud and drugs More...



     Today's News

    Law and Order:
    Police have cordoned off the area around a dairy in the Auckland suburb of Grey Lynn after a stabbing 21:57

    Entertainment:
    Laurence Fox considered suicide during his secret custody battle with ex-wife Billie Piper 21:31

    Health & Safety:
    Two companies are making amends after workers fainted from carbon monoxide exposure 21:17

    Entertainment:
    Tommy Lee's son seemingly threatened to punch him again on Sunday (17.06.18) 21:01

    Entertainment:
    Sandra Bullock couldn't "melt down" when her marriage ended 20:31

    Entertainment:
    Finn Wolfhard revealed Millie Bobby Brown is still in "great spirits" despite her nasty leg injury 20:01

    Entertainment:
    Justin Timberlake says fatherhood is an honour 19:31

    International:
    McAllen: Photographer tells story behind viral image of crying toddler at US-Mexico border 19:07

    Entertainment:
    Sam Smith has gotten his sixth tattoo 19:01

    Business:
    There are claims Around 1.35 billion dollars a year is laundered through corporate entities in New Zealand from fraud and drugs 18:57


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