Cambridge Analytica, firm at center of Facebook privacy row, files for Chapter 7 bankruptcy

Cambridge Analytica, the British marketing analytics firm, filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed.

The firm, whose attorney filed on Wednesday, announced early May that it would close and file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal.

Also Read

Are you an Airtel broadband customer? 1000 GB free data on offer for you; here’s how to avail

This app lets you identify fake currency notes – Here is how to download and use ChkFake app

‘Ok Google, will you marry me?’ – Around 4.5 users send marriage proposal to Google Assistant

Aircel Mobile Number Portability: Truth behind UPC generation on http://www.aircel.com and working alternatives

If you are keen to know more about Nifty 50 and BSE Sensex levels and seek expert advice on what’s driving the gains and how to build your portfolio, track the latest stock market stats, share market news and top brokerage bets on Financial Express. Download the Financial Express App for the fastest and most reliable business news alerts, key investment strategies and latest movers and shakers from across financial market.

Next Story

BSNL ‘Data Tsunami’ prepaid recharge pack gives 39GB data at Rs 98