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

Shares of Facebook sank more than 2% on Friday after New York Attorney General Letitia James said her office was coordinating a multistate antitrust probe into the company.
The probe is expected to look at how Facebook has handled consumer data and whether the company has stifled competition, according to a press release from James' office.
Facebook paid a $5 billion fine to the Federal Trade Commission in July over the company's handling of the Cambridge Analytica data breach.
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