Cambridge Analytica has suspended its CEO in wake of Facebook data furor

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 . "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.