Category: Cambridge Analytica

Alexander Nix Cambridge Analytica Cybersecurity Facebook Tech

Cambridge Analytica used self-destructing email to cover its tracks

sudshr47 March 20, 2018

TwitterFacebook

When you’re in the self-described business of bribing politicians and influencing elections, it’s perhaps best not to leave a digital paper trail. 

Cambridge Analytica has that all figured out.

According to a London Channel 4 investigation published today, the data analytics and electoral strategy firm that worked with the Trump presidential campaign used an encrypted email service to communicate with clients — and set email to self-delete after two hours. 

So explained now-former Cambridge Analytica CEO Alexander Nix, who was caught on hidden camera telling a journalist posing as a potential client that his company uses an email client called ProtonMail to proactively delete potential evidence.  Read more…

More about Facebook, Cambridge Analytica, Alexander Nix, Tech, and Cybersecurity

View More Cambridge Analytica used self-destructing email to cover its tracks
Big Tech Companies Cambridge Analytica Tech

Cambridge Analytica suspends its CEO after secretly recorded comments

sudshr47 March 20, 2018

TwitterFacebook

The British data firm that’s come under fire for its use of ill-gotten Facebook user data has suspended its top executive.

Cambridge Analytica has suspended CEO Alexander Nix, who was caught on tape discussing his company’s sometimes shady practices that included entrapping politicians.

“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,” Cambridge Analytica said in a statement. Read more…

More about Tech, Cambridge Analytica, Tech, and Big Tech Companies

View More Cambridge Analytica suspends its CEO after secretly recorded comments
Cambridge Analytica TC

Cambridge Analytica CEO Andrew Nix has been suspended

sudshr47 March 20, 2018

Andrew Nix, the CEO of the London-based voter profiling company Cambridge Analytica — which harvested private information from more than 50 million Facebook users without their permission to analyze their voter behavior — has been suspended from his job. In an announcement posted to the company’s cite, the board said the suspension was effective immediately. Nix’s […]

View More Cambridge Analytica CEO Andrew Nix has been suspended
Cambridge Analytica Facebook fb finance Government Policy Social

Facebook has lost $60 billion in value

sudshr47 March 20, 2018

Facebook is having a bad day… for the second day in a row. Following the Cambridge Analytica debacle, Facebook shares (NASDAQ:FB) are currently trading at $164.07, down 4.9 percent compared to yesterday’s closing price of $172.56. More importantly, if you look at Monday and Tuesday combined, Facebook shares are down 11.4 percent compared to Friday’s […]

View More Facebook has lost $60 billion in value
Adtech Apps Cambridge Analytica Election Europe Facebook Government personal data Privacy Social social networks TC

European, UK and US pols summon Zuck as FTC eyes probe of Facebook over data violations

sudshr47 March 20, 2018

The fallout from the story concerning Facebook, Cambridge Analytica, the misuse of personal data and how much Facebook knew about all this, has quickly made its way into the halls of government — and with it Facebook’s CEO Mark Zuckerberg is getting a lot of invitations in his inbox. This afternoon, Antonio Tajani, the president […]

View More European, UK and US pols summon Zuck as FTC eyes probe of Facebook over data violations
Cambridge Analytica Mark Zuckerberg Politics Uk UK government

UK government calls on Zuckerberg to give evidence on Facebook’s ‘catastrophic failure’

sudshr47 March 20, 2018

Mark Zuckerberg might be laying low right now, but a UK government department just sent him a letter requesting him to appear before a committee to give evidence. And, yes, that evidence does indeed pertain to Facebook’s relationship to the political…

View More UK government calls on Zuckerberg to give evidence on Facebook’s ‘catastrophic failure’
Cambridge Analytica Facebook Legal Tech Uk

Facebook was kicked out of Cambridge Analytica’s office while trying to ‘secure evidence’

sudshr47 March 20, 2018

The Cambridge Analytica saga has taken yet another dramatic and frankly alarming turn. 
Facebook sent a “digital forensics team” into Cambridge Analytica’s (CA) London office on Monday evening in an attempt to “secure evidence,” only to be kicke…

View More Facebook was kicked out of Cambridge Analytica’s office while trying to ‘secure evidence’
Advertising Tech Cambridge Analytica Facebook Social TC

Selling data on millions ‘is the opposite of our business model,’ says Facebook’s Boz

sudshr47 March 20, 2018

Facebook’s former VP of ads has weighed in on the ongoing disaster involving his company’s apparent negligence in allowing data on as many as 50 million users to be used for nefarious purposes by Cambridge Analytica. In a post on (what else) Facebook, Andrew “Boz” Bosworth gave variations on the line we’ve come to expect from tech in these situations: They’re not supposed to do that, and anyway how could we have known?

View More Selling data on millions ‘is the opposite of our business model,’ says Facebook’s Boz
2016 election Alex Stamos Cambridge Analytica Facebook Privacy Russia Russian election interference TC

Chief Security Officer Alex Stamos may leave Facebook over disinformation drama

sudshr47 March 19, 2018

Facebook’s latest public controversy may have claimed its first major casualty. According to reporting from the New York Times, the social media giant is poised to part ways with its high-profile chief security officer, Alex Stamos. That story suggests that Stamos created friction within Facebook by pushing for an aggressive approach to exploring and disclosing […]

View More Chief Security Officer Alex Stamos may leave Facebook over disinformation drama
Cambridge Analytica Facebook Politics Tech

Cambridge Analytica CEO talks bribery and honeypots on hidden camera

sudshr47 March 19, 2018

TwitterFacebook

ProTip: When discussing nefarious techniques to entrap politicians and swing elections, first make sure you’re not secretly being filmed. 

That, apparently, was a memo the CEO of Cambridge Analytica, Alexander Nix, missed. The executive was caught on film by investigators with London’s Channel 4 News discussing all the ways his company can influence elections around the world — and it’s not pretty. 

The entire report is worth a watch (it’s embedded below), and it suggests that Nix’s own damning words will be held against him for some time. Just how bad are those aforementioned words? We’re glad you asked. In the video, Nix discussed bribing politicians while secretly filming them and sending Ukrainian escorts to the homes of political candidates.  Read more…

More about Facebook, Cambridge Analytica, Tech, and Politics

View More Cambridge Analytica CEO talks bribery and honeypots on hidden camera
Cambridge Analytica Consumer Tech Facebook Tech

Facebook’s latest scandal knocked $40 billion off its market value

sudshr47 March 19, 2018

TwitterFacebook

It’s not a great time to own Facebook stock.

The social media company’s market valuation fell by roughly $40 billion on Monday following the revelation that the Trump-linked, U.K.-based company Cambridge Analytica harvested information from 50 million Facebook profiles without user consent.

The company’s stock price was down 6.8 percent by the end of the day, marking the worst day the stock has had since March 2014.

The decline is one of the biggest percentage drops to ever occur for the social network’s stock, and according the Wall Street Journal, the decline also knocked Facebook out of the S&P 500’s five biggest market caps. The distinction of the S&P 500’s biggest five is now held by Apple, Google’s parent company Alphabet, Amazon, Microsoft, and Berkshire Hathaway. Read more…

More about Tech, Facebook, Cambridge Analytica, Tech, and Consumer Tech

View More Facebook’s latest scandal knocked $40 billion off its market value
Andrew Bosworth Apps And Software Cambridge Analytica Facebook Mark Zuckerberg

Zuckerberg’s silence reminds us that, in his eyes, we’re all just ‘dumb f*cks’

sudshr47 March 19, 2018

Facebook’s getting rocked by yet another electioneering crisis, but we still haven’t heard anything from its commander-in-chief.
Mark Zuckerberg has yet to issue a public statement following revelations this weekend that a Trump-aligned data firm was…

View More Zuckerberg’s silence reminds us that, in his eyes, we’re all just ‘dumb f*cks’