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8 Jul 2020 23:17
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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.

    © 2020 Newstalk ZB, NZCity


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     22 Jun: This woman's photo was used in a hoax campaign against Black Lives Matter. Then the internet fought back
     20 May: An Auckland man has pleaded not guilty to charges laid over allegedly threatening emails sent to the Prime Minister
     07 May: Two cuts on the same stretch of fibre optic cable, are causing major problems for Vodafone customers in the Central North Island
     07 May: The Prime Minister say there's no better time to attract high-tech businesses to New Zealand
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     Today's News

    International:
    TikTok is facing a global backlash over security concerns. Should we be worried about it here? 22:27

    Business:
    Power is being restored to 25-thousand homes and businesses north of Auckland as stormy weather rocks the region 21:57

    Entertainment:
    Kanye West has filed to trademark the phrase “West Day Ever” 21:43

    Business:
    An Ashburton farmer has taken out the Guinness World Record for the highest wheat yield 21:17

    Entertainment:
    J.K. Rowling has suggested hormone replacements prescribed to transgender people are a “new kind of conversion therapy for young gay people” 21:13

    Entertainment:
    Prince Harry believes people need to “acknowledge the past” in order to “move forward” and create a fairer society 20:43

    Entertainment:
    Jessica Simpson hailed Eric Johnson as her "perfect soulmate" as the couple celebrated their sixth wedding anniversary 20:13

    Entertainment:
    Chrissy Teigen can't fathom why some social media users find the truth "so hard to understand" 19:43

    Entertainment:
    Josh Holloway's best "disguise" is cutting his hair short 19:13

    Business:
    Auckland Council is planning to cut about five-hundred jobs due to the financial impact of Covid-19 18:57


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