WIRED BusinessThe New Antitrust Scrutiny Should Worry Silicon Valley
Many Americans think Big Tech and Silicon Valley have too much power and need to be reigned in. Six weeks ago, it was hard to believe Washington had the political will to do much about that. Facebook had just said it would take a charge of up to $5 billion for an expected Federal Trade Commission fine related to its role in the Cambridge Analytica scandal. The reaction: Facebook’s stock stock jumped 6 percent to its highest price in nine months.
