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