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.
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