Ashley Madison founder steps down

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Noel Biderman (m) has left Ashley Madison's parent company Avid Life Media with immediate effect.

A statement released by the firm said his departure was "in the best interest of the company".

The senior management team will take over leadership until a new chief executive is appointed, it added.

Details of more than 33m accounts were stolen from the website, which offers people the chance to have an affair.

"We are actively adjusting to the attack on our business and members' privacy by criminals. We will continue to provide access to our unique platforms for our worldwide members," the firm's statement said.

"We are actively co-operating with international law enforcement in an effort to bring those responsible for the theft of proprietary member and business information to justice."

Canadian parent company Avid Life Media, which owns the site, has offered a reward of C$500,000 (£240,000) for information about the Ashley Madison hackers

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