Cambridge Analytica shuts down amid Facebook crisis

Amid the data privacy crisis rocking Facebook, data harvesting company, Cambridge Analytica shut down its offices on Wednesday.

The move, which impacts all offices of both companies worldwide, comes amid recent revelations that the company harvested the data of up to 87 million Facebook users without their consent, reports Wired.

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The decision to close the company’s doors internationally was announced to employees during a global town hall meeting, held in the firm’s New York City office on Wednesday.

The company’s recently appointed CEO Julian Wheatland told staffers that the company had evaluated all options and no longer saw a way forward.

source http://www.punchng.com/cambridge-analytica-shuts-down-amid-facebook-crisis/