Wall Street slides as Facebook data issue pounds tech sector
Facebook shares 6 percent and were on track for their worst day in more than three years on reports that a political consultancy that worked on President Donald Trump’s campaign gained inappropriate access to data on more than 50 million users. Republican Senator Marco Rubio said he believed some internet companies have grown too fast to digest their responsibilities and obligations. Amazon, Apple, Netflix and Alphabet – all part of the so-called FAANG group, along with Facebook – were down between 1 percent and 6.3 percent.
Source:: https://finance.yahoo.com/news/stock-futures-drop-fed-caution-115553153.html
