Tech stocks slump on Wall Street as regulators step up probes
Two US government agencies launch investigations of Facebook and Alphabet’s Google.
Nevil Gibson
Tue, 04 Jun 2019
Technology stocks tumbled on news that Wall Street regulators were poised to take a harder line against industry giants such as Alphabet and Facebook.
Stocks began the day little changed but then fell to session lows around midday after a report that the Federal Trade Commission had secured
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Nevil Gibson
Tue, 04 Jun 2019
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