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Cambridge Analytica CEO reportedly embezzled $8 million
If you thought the Cambridge Analytica saga was over with the company's shut down and filing for bankruptcy, you were definitely wrong. According to The Financial Times, the company's former CEO Alexander Nix has been accused of stealing $8 million dollars from Cambridge Analytica before its demise.
Cambridge Analytica CEO: 'we ran all the digital campaign' for Trump
At the same time Cambridge Analytica announced it's suspending CEO Alexander Nix, Channel 4 News released a second report on the company based on undercover videos. In this report, it shows executives claiming that their work was responsible for Trump's "narrow victory" by 40,000 votes in three states. Nix said in the video that "We did all the research, all the data, all the analytics, all the targeting, we ran all the digital campaign, the television campaign and our data informed all the strategy." In a quote that may be more relevant due to the ongoing investigations, he also said the company uses "self-destructing email" to avoid leaving any trace of its communications. In his words, the candidate (Trump) is "always" the puppet, told by his campaign team what to do and say, while politicians who asked questions after the fact weren't technical enough to understand what happened.
Cambridge Analytica suspends CEO Alexander Nix during investigation (updated)
As the Cambridge Analytica scandal continues to develop, the company has now announced that its board has suspended CEO Alexander Nix. Cambridge Analytica says that the suspension is immediate and a full, independent investigation will be conducted. "In the view of the Board, Mr. Nix's recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation," the company said in a statement.
Cambridge Analytica caught on tape proposing blackmail, propaganda
It has only been a few days since Facebook pulled access from Cambridge Analytica and some of its associates -- for allegedly retaining data on millions of accounts that it pulled in via a "personality" app in 2014 -- but the scrutiny around both companies continues to intensify. Today, UK's Channel 4 aired the results of an undercover investigation that shows Cambridge Analytica representatives -- including CEO Alexander Nix -- talking about how its strategies have worked in more than two hundred elections around the world, saying that employees can be disguised as researchers, and even using sex workers to entrap political opponents. In a statement, Cambridge Analytica said that "Assessing the legality and reputational risks associated with new projects is critical for us, and we routinely undertake conversations with prospective clients to try to tease out any unethical or illegal intentions. The two Cambridge Analytica executives at the meeting humoured these questions and actively encouraged the prospective client to disclose his intentions. They left with grave concerns and did not meet with him again." Said Nix, "In playing along with this line of conversation, and partly to spare our 'client' from embarrassment, we entertained a series of ludicrous hypothetical scenarios. I am aware how this looks, but it is simply not the case. I must emphatically state that Cambridge Analytica does not condone or engage in entrapment, bribes or so-called 'honeytraps', and nor does it use untrue material for any purpose."
Facebook suspends Trump-linked data firm Cambridge Analytica (update: response)
Late Friday night, Facebook has announced it's suspending Strategic Communication Laboratories (SCL) from its site. While you may not have heard of SCL, its political analytics firm Cambridge Analytica has made headlines in the last few years due to work for the Trump campaign and the Brexit initiative. According to former US Magistrate and current Facebook Deputy General Counsel Paul Grewal, this move is occurring because an app "thisisyourdigitallife" pulled in personal information of the 270,000 people who used it as well as information from their friends. While this is allowed under its policy, its creator -- a Cambridge psych professor named Dr. Aleksandr Kogan -- passed the data onto other parties including Cambridge Analytica.
