Cambridge Analytica and British parent shut down after Facebook scandal

A person works on a laptop at Cambridge Analytica’s empty offices in Washington. The company will begin bankruptcy proceedings, it said, after losing clients and facing mounting legal fees resulting from the Facebook user data scandal. (Reuters)
Updated 03 May 2018

Cambridge Analytica and British parent shut down after Facebook scandal

LONDON/WASHINGTON: Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook user data, and its British parent SCL Elections, are shutting down immediately after suffering a sharp drop in business, the company said on Wednesday.
The company will begin bankruptcy proceedings, it said, after losing clients and facing mounting legal fees resulting from the scandal over reports the company harvested personal data about millions of Facebook users beginning in 2014.
“The siege of media coverage has driven away virtually all of the Company’s customers and suppliers,” the statement said.
“As a result, it has been determined that it is no longer viable to continue operating the business, which left Cambridge Analytica with no realistic alternative to placing the company into administration.”
Allegations of the improper use of data for 87 million Facebook users by Cambridge Analytica, which was hired by President Donald Trump’s 2016 US election campaign, has hurt the shares of the world’s biggest social network and prompted multiple official investigations in the United States and Europe.
“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 legal, but also widely accepted as a standard component of online advertising in both the political and commercial arenas,” the company’s statement said.
The firm is shutting down effective Wednesday and employees have been told to turn in their computers, the Wall Street Journal reported earlier.
The Cambridge Analytica sign had been removed from the reception area of its London offices on Wednesday. At SCL’s Washington, D.C. office, a man declined to answer questions from a Reuters reporter.
After the announcement, Britain’s data regulator said it would continue civil and criminal investigations of the firm and will pursue “individuals and directors as appropriate” despite the shutdown.
“We will also monitor closely any successor companies using our powers to audit and inspect, to ensure the public is safeguarded,” a spokeswoman for the Information Commissioner’s Office said in a statement.
Cambridge Analytica was created around 2013 initially with a focus on US elections, with $15 million in backing from billionaire Republican donor Robert Mercer and a name chosen by future Trump White House adviser Steve Bannon, the New York Times reported.


Trump Twitter photo attack backfires as Pelosi owns it

Updated 17 October 2019

Trump Twitter photo attack backfires as Pelosi owns it

  • Trump's Pelosi tweet has being used as a celebration of the Speaker
  • Celebrities who have rebuked the president for the tweet have included Mia Farrow

WASHINGTON: President Donald Trump’s Twitter attack on House Speaker Nancy Pelosi following an acrimonious White House meeting appears to have backfired spectacularly.
Trump tweeted a picture of the encounter Wednesday showing a standing Pelosi pointing at the president while he and everyone else in the room was seated, with the caption “Nervous Nancy’s unhinged meltdown!“


However, far from being upset at the picture, Pelosi posted it as her Twitter banner, and her supporters said it showed her literally standing up to Trump.
“Can a woman beat Donald Trump? Yes. Speaker Pelosi does it every day,” Democratic Senator Amy Klobuchar said as she retweeted the picture.
“Thanks for the new cover photo @realDonaldTrump!,” tweeted Pelosi’s deputy chief of staff Drew Hammill.

Others pointed out that several members of Trump’s cabinet looked as if they would rather be somewhere else.
“The men on your right reflect the embarrassment we all feel,” tweeted actress Mia Farrow.
Pelosi has previously gone viral with her apparent trolling of Trump, with her slow clapping of his last State of the Union speech becoming an instant meme.
After leaving the White House meeting, told the press she prayed for the president and his family “all the time.”
“Now we have to pray for his health, because this was a very serious meltdown on the part of the president,” she said.
Hours later, Trump pressed suggested Pelosi had mental problems of her own.
“Nancy Pelosi needs help fast! There is either something wrong with her ‘upstairs,’ or she just plain doesn’t like our great Country. She had a total meltdown in the White House today. It was very sad to watch. Pray for her, she is a very sick person!,” Trump tweeted.
One of the Democrats who attended the meeting, Senate Minority Leader Chuck Schumer, said Trump launched into a “nasty diatribe” against them, while Pelosi said the president experienced a “meltdown.”
Trump’s spokeswoman Stephanie Grisham rejected the Democratic version of events, saying the president had been “measured and decisive,” and that Pelosi walking out was “baffling but not surprising.”
The meeting was the first face-to-face encounter between Trump and Pelosi since her explosive September 24 statement announcing a formal impeachment inquiry.