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News Today: Cambridge Analytica Whistleblower Calls for Investigation of Robert Mercer-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (wikipedia) News Today: Cambridge Analytica Whistleblower Calls for Investigation of Robert Mercer
This scandal goes ways beyond the Trump administration.
Whistleblower Christopher Wylie said on Tuesday that the billionaire behind President Trump’s digital operations should be investigated for using his company, Cambridge Analytica, to illegally funnel millions into preferred campaigns.
In testimony before a British parliamentary committee, Wylie suggested that billionaire Robert Mercer was pumping millions into his company so that he could illegally funnel the money into campaigns by charging pennies on the dollar for digital services.
One MP noted during the testimony that Cambridge Analytica worked for the U.K. Independence Party during the Brexit campaign even though the party was known to be short on cash.
“You have to remember,” Wylie replied, “part of the brilliance of Cambridge Analytica is it doesn’t need to make money because it’s Robert Mercer’s project. Robert Mercer is a billionaire. He doesn’t need to make money.”
“If you, as an investor of a company, put money into that company, that’s not classed as a political donation,” he explained. “You can continue to invest purposefully in a company so that it can also work for particular entities at a subsidized rate or, indeed, in some cases for free.”
Wylie argued that the committee should look into Mercer’s funding of Cambridge Analytica to determine how the company could afford to lose money on clients.
“He was putting in $10-15 million U.S. to create an asset that then we were licensing for $50,000 in some cases,” Wylie recalled. “That $50,000 — it would have been physically impossible to get the same value and level of service and data for that amount of money in any other way.”
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