PIAC News ✔️

[ad_1] On Wednesday, Julian Wheatland, the new CEO of the much-maligned Cambridge Analytica, told employees that both Cambridge Analytica and its parent company, SCL Group, were shutting down for good. One of the primary reasons Wheatland cited, according to Gizmodo , was that any attempt to rebrand the company in the face of its massive data harvesting scandal was “futile.” That may be true for the employees, but it doesn’t appear to apply to Cambridge Analytica’s higher-ups. Rebekah Mercer — who, along with her father, served as Cambridge Analytica’s main source of funding — joined the board  of a new company called Emerdata, NBC reported Wednesday. Much like Cambridge Analytica, which is facing scrutiny from British and American governments for its role in swiping data from tens of millions of unsuspecting Facebook users, Emerdata appears to be a data harvesting company. Rebekah’s sister Jennifer also joined her on Emerdata’s board. Even more evidence of the proximity between E...

[ad_1] The embattled political consulting firm Cambridge Analytica announced on Wednesday that it would cease most operations and file for bankruptcy amid growing legal and political scrutiny of its business practices and work for President Trump. The decision came less than two months after the firm and Facebook became embroiled in a data-harvesting scandal that compromised the information of up to 87 million people. The revelations about the misuse of data, by The New York Times, along with The Observer of London, plunged the social media giant into crisis and prompted regulators and lawmakers to begin investigations into Cambridge Analytica. In a statement posted to its website , Cambridge Analytica said it was filing for bankruptcy in both the United States and Britain. “Over the past several months, Cambridge Analytica has been the subject of numerous unfounded accusations and, despite the Company’s efforts to correct the record, has been vilified for activities that are not only ...