Black voters intentionally suppressed by Bannon using Cambridge Analytica
18 May, 2018, 16:35 | Author: Mable Gonzales
The UK-based political consulting firm had already said it would cease operations and wind down in its home country and the Chapter 7 petition in NY will address issues raised by United States creditors.
The American proceeding could also shed light on some of the company's relationships and finances, as U.S. legal proceedings are more transparent than those in the United Kingdom, and creditors can use bankruptcy law to subpoena information and probe asset transfers.
Cambridge Analytica and its parent company, SCL Elections, had said earlier this month that they would shut down after losing all their customers and partners after the Facebook revelations.
Cambridge Analytica, the Trump-aligned data firm which was found to have improperly harvested personal data from 87 million Facebook users, and former Trump adviser Steve Bannon worked to suppress the black vote in the 2016 election, a former employee told Congress on Wednesday.
London-based Cambridge Analytica was created in 2013 initially with a focus on U.S. elections, with $15 million in backing from Mercer and a name chosen by former Trump White House adviser Steve Bannon, according to a report by the New York Times.
Cambridge Analytica said in its May 2 statement that it has "been the subject of numerous unfounded accusations" and that it has been vilified for activities that are not only legal, "but also widely accepted as a standard component of online advertising".
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"Although Cambridge Analytica may have supported particular candidates in USA elections, I am not here to point fingers".
Facebook remains in damage-control mode in the wake of Cambridge Analytica fiasco.
Christopher Wylie, a former Cambridge Analytica employee who blew the whistle on its alleged misuse of Facebook data, told the Senate Judiciary Committee that the company offered services to discourage voting from targeted sections of the American population.
He didn't go into specifics, but the DOJ has now launched an investigation into Cambridge Analytica, so hopefully the details on this will come out.
Separately, it was announced that Mr Zuckerberg will meet leaders of the European Parliament in a closed-door meeting on Tuesday about the data protection scandal that has engulfed his company.
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