London, May 3: Cambridge Analytica, the political consultancy firm at the centre of the Facebook data-sharing scandal, is shutting down, media reported.
The firm was accused of improperly obtaining personal information on behalf of political clients.
According to Facebook, data of up to 87 million of its users was harvested by a quiz app and then passed on to the political consultancy.
The social network said its own probe into the matter would continue, the BBC reported.
"This doesn't change our commitment and determination to understand exactly what happened and make sure it doesn't happen again," said a spokesman.
"We are continuing with our investigation in cooperation with the relevant authorities."
Clarence Mitchell, a spokesman for Cambridge Analytica, referred the BBC to a statement on the firm's website.
"Over the past several months, Cambridge Analytica has been the subject of numerous unfounded accusations and, despite the company's efforts to correct the record, has been vilified for activities that are not only legal, but also widely accepted as a standard component of online advertising in both the political and commercial arenas," it said.
"Despite Cambridge Analytica's unwavering confidence that its employees have acted ethically and lawfully... the siege of media coverage has driven away virtually all of the company's customers and suppliers.
"As a result, it has been determined that it is no longer viable to continue operating the business."
The statement added that its parent company SCL Elections was also commencing bankruptcy proceedings.
The UK's Financial Times newspaper said it has spoken to another ex-employee of Cambridge Analytica, on condition of anonymity, who said they were sure the company would emerge "in some other incarnation or guise".
The Observer journalist whose investigation first exposed the data privacy scandal has suggested that the public remain sceptical.
The chair of a UK parliament committee investigating the firm's activities also raised concerns about Cambridge Analytica and SCL Elections' move.
"They are party to very serious investigations and those investigations cannot be impeded by the closure of these companies," said parliamentarian Damian Collins.
"I think it's absolutely vital that the closure of these companies is not used as an excuse to try and limit or restrict the ability of the authorities to investigate what they were doing," the BBC quoted Collins as saying.
In March, Channel 4 aired undercover footage of Cambridge Analytica's CEO, Alexander Nix, giving examples of how the firm could swing elections around the world with underhand tactics such as smear campaigns and honey traps.
The UK-based company, which denies any wrongdoing, has an extensive record of working abroad on many election campaigns, including in Italy, Kenya and Nigeria.
Cambridge Analytica's chief executive Alexander Nix was suspended in March after the Channel 4 News footage was aired.
In April, Cambridge Analytica said it had only licensed 30 million records belonging to US citizens from the quiz app's creator Aleksandr Kogan, and that they had not been used in the US presidential election.
The firm added that it had since deleted all the information despite claims to the contrary by others.
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Kolkata, Nov 6: Two FIRs have been lodged against actor-turned-politician Mithun Chakraborty for allegedly making provocative statements during a BJP event in Salt Lake area near Kolkata last month, police said on Wednesday.
The complaints pertain to Chakraborty's speech on October 27 at the Eastern Zonal Cultural Centre (EZCC) in Salt Lake, during a BJP programme attended by Union Home Minister Amit Shah, who was in Kolkata to launch the party's West Bengal membership drive.
The first FIR was filed at the Bidhannagar South police station based on a complaint by an individual, while the second was lodged at Bowbazar police station.
"We have started an investigation into the case," a senior officer of Bidhannagar police said.
Shah was also present at the programme, which was organised to kick off the West Bengal leg of the BJP's membership drive. Shah had also felicitated Chakraborty for being honoured with the Dadasaheb Phalke Award this year.
Although Chakraborty was unavailable for comment, BJP state president and Union Minister Sukanta Majumdar described the FIRs a result of "vendetta politics.".
Majumdar alleged that the TMC government "has once again used the police to unfairly target well-known actor and senior BJP leader Mithun Chakraborty".
He accused the chief minister of employing such tactics "to serve political interests" and claimed that the state government's actions were part of an ongoing attempt to discredit political opponents.
"There is nothing provocative in his speech. These are nothing but attempts to intimidate him by using police as a political tool," he said.
TMC leader Kunal Ghosh dubbed the BJP's allegations as baseless.
"The allegations of political vendetta are baseless. He shouldn't have made such provocative remarks. The law will take its own course," he said.
Chakraborty, who received India's highest film honour, the Dadasaheb Phalke Award, earlier this year, had asserted on October 27 that the 'masnad' (throne) of West Bengal would belong to the BJP after the 2026 assembly elections, promising to do whatever it takes to achieve the goal.
While speaking at the programme, Chakraborty, a BJP leader, said, "In 2026, the 'masnad' will be ours, and we will do everything to achieve the goal."
In an apparent reference to TMC MLA Humayun Kabir's communal remarks aimed at BJP workers during the Lok Sabha elections, Chakraborty had allegedly made provocative remarks.
Chakraborty cautioned that no one should attempt to intimidate saffron party voters into abstaining from voting in the next assembly elections.
He called upon the booth-level workers of his party to resist any such attempts.