Facebook-Cambridge Analytica data scandal

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Zuckerberg to go live for Europe

Mark Zuckerberg
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Those concerned about Facebook and privacy following the Cambridge Analytica scandal will be able to hear what co-founder and chief executive Mark Zuckerberg has to say for himself on Tuesday when he answers questions from the European Parliament.

Bloomberg reports that the Mr Zuckerberg's testimony will be broadcast live.

A previous plan proposed that he would give a presentation in private but following this was criticised by EU officials.

Antonio Tajani, president of the European Parliament tweeted:

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Cambridge Analytica starts bankruptcy proceedings in US

Cambridge Analytica's name has been taken down from the wall of the London office it occupied
Reuters
Cambridge Analytica's name has been taken down from the wall of the London office it occupied

More on that story about Cambridge Analytica filing for bankruptcy in the US.

The consultancy was at the centre of the Facebook data-sharing scandal in which it was accused of improperly obtaining information on users.

The bankruptcy proceedings are part of the process of closing down the company and its UK parent, SCL Elections,that started in early May.

The company blamed a "siege of media coverage" for driving away customers andforcing its closure.

In court papers filed with a New York court, Cambridge Analytica said it had assets of up to $500,000 (£370,000) and debts in the range of $1m to $10m.

Regulators have said that, despite the firm's shutting down and laying off staff, they will still pursue a probe into how the firm used Facebook data.

The social network said data on about 87 million users was grabbed when people completed a quiz hosted on the site. This information was then passed on to Cambridge Analytica which has been accused of using it for political campaigning.

The political consultancy always maintained that it did nothing wrong in the way it obtained and used the data.

Cambridge Analytica files for bankruptcy

A Cambridge Analytica sign was taken down earlier this month
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A Cambridge Analytica sign was taken down earlier this month

Cambridge Analytica, the firm at the centre of this year's Facebook privacy row, filed for bankruptcy in a New York court late on Thursday.

Cambridge Analytica listed assets in the range of $100,001 to $500,000 and liabilities in the range of $1m to $10m.

The firm and its British parent SCL Elections said earlier this month that they would shut down immediately and begin bankruptcy proceedings after suffering a sharp drop in business.

BreakingMark Zuckerberg agrees to visit EU Parliament

Marc Zuckerberg testifying before Congress in April
BBC

The EU Parliament has announced that Facebook's chief executive Mark Zuckerberg has agreed to meet leaders in Brussels to discuss the company's use of personal data, in relation to the data scandal and Cambridge Analytica.

MPs issue summonses to Nix and Cummings

Alexander Nix
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A committee of MPs has issued formal summonses for former Cambridge Analytica chief executive Alexander Nix (pictured) and former Vote Leave campaign director Dominic Cummings to attend a hearing about the Facebook data scandal.

They had both said they didn't want to give evidence to the Digital, Culture, Media and Sport Committee while an Information Commissioner's Office investigation was ongoing.

"However, the ICO and the Electoral Commission have confirmed to the Committee that these witnesses’ appearances before the Committee will not hinder their investigations in any way," the committee said.

Failure to appear at the dates set for the hearing could result in the committee "seeking the support of the House of Commons in respect of any complaint of contempt" it said.

In theory, being found to be in contempt of parliament could lead to a fine or even imprisonment - but these powers are now used sparingly, if at all.