Furthermore, AG Shapiro stressed, “I’m leading a national investigation with my colleagues to ensure Pennsylvanians and Americans are protected from these kinds of unauthorized information sharing.”
In March, the Federal Trade Commission (FTC) confirmed its investigation into the social network giant’s privacy practices.
Last month Facebook CEO Mark Zuckerberg apologized to Congress for his company’s mistakes in handling users’ personal data. He promised to make changes and correct the failures of the social network giant.
Cambridge Analytica filed for bankruptcy
Yesterday, Cambridge Analytica announced that it filed for applications to start bankruptcy proceedings. It is shutting down all of its operations.
The British political consulting explained that it lost virtually all of its customers and suppliers due to the data scandal. It also maintained its “unwavering confidence that its employees have acted ethically and lawfully” and the allegations against it were “unfounded.”