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British company Cambridge Analytica, which is at the center of a Facebook scandal, has announced that it has begun insolvency proceedings and "stops all its operations immediately," says Bgnes.
"Cambridge Analytica and SCL have begun a bankruptcy procedure in the UK," the company said in a statement released on its website. The company's bankruptcy procedure will soon be launched in the United States.
The company was accused of collecting and using personal data without the permission of 90 million Facebook users. The British company then worked for the current US presidential election campaign, Donald Trump.
The Legal Affairs Committee in the Bulgarian National Assembly voted with 22 votes in favor of halting the procedure for electing the next Prosecutor General
The bomb threat email that was sent to dozens of schools early this morning has been analyzed by the Ministry of the Interior, concluding that there is no real threat and the school process should not be suspended
The US state of California has been investigating the Internet giant Facebook for a year and a half, it became clear today, writes Reuters.
Facebook has agreed to pay a fine of £ 500,000 for breaches of personal data protection law related to the unauthorized use of such data by Cambridge Analytica.
When Congress returns Monday from a two-week recess, all eyes will be on Facebook CEO Mark Zuckerberg as he takes the hot seat in two congressional hearings over the latest privacy scandal involving Cambridge Analytica, reported CNN.
Facebook is changing the way its shares data with third-party applications, Mark Zuckerberg announced Wednesday in his first public statement since the Observer reported that the personal data of about 50 million Americans had been harvested and improperl
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Bulgaria closed 2025 with the unemployment rate hitting a historic low of 3.2 percent, according to the latest data from the National Statistical Institute
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
Bulgaria saw a record influx of Romanian tourists in 2025, according to the latest figures from the National Statistical Institute
In 2025, Bulgarian wineries produced a total of 66 million litres of wine, according to Krasimir Koev, Executive Director of the Executive Agency on Vine and Wine.
Bulgaria’s parliament has approved an agreement with North Macedonia to build and operate a cross-border railway tunnel connecting the two countries.
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