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Cambridge Analytica, the data firm at the center of Facebook privacy row, has filed for Chapter 7 bankruptcy in a New York court on Thursday.
Cambridge Analytica LLC listed assets in the range of $100,001 to $500,000 and liabilities in the range of $1m to $10m, according to reports.
The company, which did work for President Donald Trump’s 2016 campaign, had stated earlier this month that it had lost “virtually all” customers and suppliers as a result of reports that it improperly obtained information from tens of millions of Facebook users.
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