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27 Apr 2024 10:23
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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.

    © 2024 Newstalk ZB, NZCity

     Other Technology News
     27 Apr: Why it's getting harder to tell AI-generated images from the real deal online
     10 Apr: Nursing executives stood down pending investigation of 'potential financial irregularities'
     14 Mar: A high-tech upgrade for a ferry service plying a Fiordland lake
     03 Feb: Ignoring work calls and emails after hours could soon become a legal right in Australia as political momentum grows to ensure people can unplug and unwind
     10 Jan: Conversation is Key: Kiwi women favour chat skills in online dating, survey shows
     02 Jan: More and more drug users and dealers are taking to social media to buy illegal substances
     28 Dec: The country's on track for the highest number of fines in a year, for using mobile phones while driving
     Top Stories

    RUGBY RUGBY
    An injury worry for the Chiefs out of their 38-22 Super Rugby win over the Waratahs in Sydney More...

    BUSINESS BUSINESS
    A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic More...


     Today's News

    		 Soccer:
    Dutchman Arne Slot is set to become Liverpool's next manager 10:07

     Technology:
    Why it's getting harder to tell AI-generated images from the real deal online 10:07

     Rugby League:
    The Punjab Kings have chased down a world record target in their Indian Premier League encounter against the Kolkata Knight Riders 9:27

     Accident and Emergency:
    At least 10 people have died and 11 are injured after a major fire at a guesthouse in Brazil's southern city of Porto Alegre 8:17

     Business:
    A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic 8:07

     International:
    China's young feeling the squeeze of cost of living are finding homes in older cities 7:57

     Rugby League:
    Parramatta's slumped to a fifth loss this NRL season, losing 32-18 to Manly at Brookvale 7:57

     Boxing:
    Kiwi boxer Mea Motu has won her non-title lightweight fight against Thailand's Noppaket Srisawas in Auckland 7:47

     Rugby League:
    Manly have piled more pressure on Parramatta after another second-half NRL capitulation condemned the Eels to a 32-18 loss at Brookvale 7:37

     Law and Order:
    An American journalist read her own obituary online, and soon discovered the strange world of obit pirates 7:27

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