Facebook slides after states launch new antitrust probe, intensifying scrutiny on big tech

United States News News

Facebook slides after states launch new antitrust probe, intensifying scrutiny on big tech
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Facebook paid a $5 billion fine to the Federal Trade Commission in July over its handling of the Cambridge Analytica data breach.

Shares of Facebook sunk more than 2% on Friday after New York Attorney General Letitia James said her office is coordinating a multi-state antitrust probe into the company. The probe is expected to look at how Facebook has handled consumer data and whether or not the company has stifled competition, according to a press release from James's office.

Shares of Facebook sunk more than 2% on Friday after New York Attorney General Letitia James said her office is coordinating a multi-state antitrust probe into the company. The probe is expected to look at how Facebook has handled consumer data and whether or not the company has stifled competition, according to a press release from James's office.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

J.Crew's Classic Scoopback Swimsuit Is on Sale for $5J.Crew's Classic Scoopback Swimsuit Is on Sale for $5J.Crew is having a summer sale and we found the best deal of all: The scoopback one-piece swimsuit, starting at $5.
Read more »

J.Crew's Classic Scoopback Swimsuit Is on Sale for $5J.Crew's Classic Scoopback Swimsuit Is on Sale for $5J.Crew is having a summer sale and we found the best deal of all: The scoopback one-piece swimsuit, starting at $5.
Read more »

This Is the Only White Tee I Ever Wear, and I Bought It on Amazon For $5This Is the Only White Tee I Ever Wear, and I Bought It on Amazon For $5As a shopping editor, people always want to know what are my favorite basics, and one question I get a lot is 'What's the best white t-shirt?' Hands
Read more »

WSJ News Exclusive | States to Launch Google, Facebook Antitrust ProbesWSJ News Exclusive | States to Launch Google, Facebook Antitrust ProbesState attorneys general are formally launching separate antitrust probes into Facebook and Google starting next week, putting added pressure on tech giants already under federal scrutiny.
Read more »

Big Tech companies like Facebook, Amazon to face antitrust probe by U.S. state attorneys generalBig Tech companies like Facebook, Amazon to face antitrust probe by U.S. state attorneys generalA bipartisan group of state attorneys general will announce on Monday an investi...
Read more »

Facebook Target of Antitrust Probe by State Attorneys GeneralFacebook Target of Antitrust Probe by State Attorneys GeneralFacebook faces another antitrust investigation, with the New York State Attorney General announcing Friday that a coalition of nine AGs has launched an investigation into the social-media giant for…
Read more »



Render Time: 2025-03-04 08:12:41