Cambridge Analytics CEO resigns amid Facebook-related data leak scandal

Cambridge Analytica CEO Resigns Amid Facebook-Connected Data Leak Scandal

Cambridge analysts say that their current CEO Alexander Tyler resigned amid the ongoing scandal involving Facebook data breach, which cost the social media giant’s $100 billion market value, and made CEO mark Zuckerberg the face congressional hearings on Tuesday.

“The Commission announced today that Dr. Alexander Tyler resigned as acting CEO of Cambridge analyst and resume his former post as the Director of information, in order to focus on various technical investigation and inquiry,” the press release read.

Cambridge analyst stated, Tyler will not leave the company – he will resume his position as Director of information. The company explained this step by necessity to focus on the various technical investigations, inquiries.

Company data allegedly helped political candidates to win elections with targeted digital advertising. Cambridge Analytics initially funded by billionaire GOP donor Robert Mercer. The company was also one of the main firms guiding the digital strategies of Donald trump in the presidential elections of 2016 in the United States.

Scandal information, affected 87 million users of Facebook that their data is shared with Cambridge Analytics in a scandal that cost the social media giant $ 100 billion in market value and forced CEO mark Zuckerberg to face congressional hearings on Tuesday.

Facebook banned Cambridge Analytics last month from its platform.

Sourse: sputniknews.com

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