Cambridge Analytica, the shady data firm accused of misusing the data of millions of Facebook users, filed for bankruptcy in the U.S. late Thursday. The news is hardly shocking—the firm announced that it had filed for insolvency in the UK earlier this month with bankruptcy proceedings in the U.S. to soon follow.
Source: Gizmodo – The Tattered Remains of Cambridge Analytica Just Filed for Bankruptcy in the U.S.