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Video: Cambridge Analytica shutting down following Facebook scandal

Cambridge Analytica, a data-mining firm embroiled in a scandal over its work for U.S. President Donald Trump’s 2016 campaign, said it’s shutting down all operations effective immediately.

Bloomberg Intelligence’s Jitendra Waral has more on “Bloomberg Markets.”

Cambridge Analytica finally called it quits, but is Facebook doing enough to bring its once stellar reputation back?

Watch Video here.

Read: Facebook F8 2018: Facebook’s way to save its face

Video: Is Facebook getting into online dating? It already broke some hearts!

Read: What data breach? Facebook shows the world how fan appeal means business