Cambridge Analytica acting CEO steps down amid Zuckerberg testimony

Cambridge Analytica, the data analytics firm that gained access to the personal information of as many as 87 million Facebook users, announced on Wednesday that its acting CEO will step down.

The firm said Alexander Tayler will resume his former role as the company’s chief data officer to “focus on the various technical investigations and inquiries.”

The company's former CEO, Alexander Nix, was suspended by the firm last month pending an investigation into comments he made about potential bribery, which were recorded by an undercover reporter.

Wednesday's news came during Facebook CEO Mark Zuckerberg’s second day of testimony on Capitol Hill, where he is being grilled by lawmakers over how consumer data was exposed to third parties on the platform.

Zuckerberg has accepted full responsibility for the data privacy scandal and said the social media site is launching an investigation into every single app that had access to a large amount of data on its platform.

The tech mogul’s own personal data was stolen during the incident, he said on Wednesday.

When asked by lawmakers whether Tayler's decision to step down solved any issues for Facebook, Zuckerberg said he didn't think so.