Cambridge Analytica says it’s suspended its CEO

Cambridge Analytica, the data research firm used during President Trump’s campaign, said it’s suspended its CEO, Alexander Nix, after a U.K. broadcaster secretly recorded him saying the company used bribes and sex workers to entrap politicians. “In the view of the Board, Mr. Nix’s recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation,” the company said in a statement. Facebook shares have been hammered by the news Cambridge Analytica gained access to private information on more than 50 million Facebook users.

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