Listen Up Cambridge Analytica is "Bust" - but which company is next?????

[jeallen01]

As you probably know by now, the company is "going into administration" because of the Facebook scandal - but which one is (or "should be") next?
PS1: please could a Staff Member correct my mis-spelling of "Analyitica" in the thread title to "Analytica"

Mod. Edit: Done (Lazarus)

 

[Ghostleader]

Amazon, thanks.

 

[Channel Hopper]

Facebook, followed by Twitter.

Nothing these two corporations get up to is remotely 'social'.

 

[jeallen01]

Amazon, thanks.

Might be a "good idea" in principle - but far too many subscribers (including us!) use it far too much for it to "go Bust". Nowadays, many of "us" have to now accept that "big data" is Here and harvests our data, and will be doing that for the foreseeable future, but, at least, we expect ("hope"?) that Amazon is/will not be "involved in politics", unlike Cambridge Analytica! - so it is highly unlikely that it will.

OTOH, Amazon, and "the like" (and that includes Twitter, Facetime, Instagram, etc.), must be made to pay appropriate taxes (etc.) in this and other countries.

 

[Topper]

Also declaring itself bankrupt stops the execs from facing a court of law to explain and suffer the conseqences

 

[RustySpoons]

Amazon, thanks.

No! I love Amazon.

 

[PaulR]

No! I love Amazon.

Unhealthy!

 

[hairybadger]

As you probably know by now, the company is "going into administration" because of the Facebook scandal - but which one is (or "should be") next?

The company will be back with a new name and the same directors in exactly the same line of business running out of the same offices before you can say "." .

 

[Topper]

The company will be back with a new name and the same directors in exactly the same line of business running out of the same offices before you can say "." .

Yes you are correct they will rebrand that is all

 

[2cvbloke]

The new name will apparently be "Emerdata":

Cambridge Analytica dismantled for good? Nope: It just changed its name to Emerdata

 

[Ghostleader]

The new name will apparently be "Emerdata":

Cambridge Analytica dismantled for good? Nope: It just changed its name to Emerdata

And the people that call me cynical.......lol

 

[Channel Hopper]

Blaming the media disclosure of their tactics for the company demise.

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

Cambridge Analytica files for bankruptcy

 

[Channel Hopper]

Here we go again.

Facebook investigates another data firm

 

[Channel Hopper]

There must be some obscene amounts of money floating around in the backgrond if a $5bn fine isn't an issue.

Facebook had been expecting this. It told investors back in April that it had put aside most of the money, which means the firm won't feel much added financial strain from this penalty.

Facebook 'to be fined $5bn over Cambridge Analytica scandal'

US regulators are said to have approved a penalty against Facebook over a data protection scandal.

www.bbc.co.uk

 

[Channel Hopper]

Caught red-handed

Facebook bosses told MPs they had learned users' data had been misused via a December 2015 Guardian report.
But a US watchdog has now said Facebook workers flagged the problem three months earlier.

Facebook: Did social network mislead MPs?

Facebook evidence appears to contradict what it told MPs about when it had known about Cambridge Analytica.

www.bbc.co.uk

 

[jeallen01]

Management coverup/ "f**king whistleblowers"/"above my paygrade"/"not our problem", etc., etc. - take your choice

 

[Topper]

Of course this is what happens when a company grows too big, too fast, as we all know a good boss delegates, but then so many layers of management delegate and one loses control of what others are doing within the company.

 

[jeallen01]

Management coverup/ "f**king whistleblowers"/"above my paygrade"/"not our problem", etc., etc. - take your choice

And I should also have included Management "B***S***", downright Management criminality (pretty much "been there, seen that" at least once!), and finally (finally??) there's pure management naivety i.e. a total inability to understand what the business is about, what it needs to do, how to do it (and how not to), what is "morally acceptable" (and what is not), what is lawful (and what is not!), etc., etc.........