Tech scrutiny could intensify no matter who wins US election


Social media sites such as Facebook and Twitter have been under Washington

No matter which party takes control of the US House and Senate in next week’s midterm elections, technology and internet stocks are likely to face more regulatory scrutiny.

Internet companies, which are already struggling amid signs of cooling after years of rapid growth, have emerged as a rare subject of bipartisan criticism. Recent events like Facebook Inc’s data breach have underlined the spotlight that’s been put on social media companies, especially in relation to consumer data and privacy.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

OpenAI sued for allegedly enabling murder-suicide
J.P. Morgan harnesses blockchain for debt issuance amid digital asset adoption boost
Amazon plans new one-hour pickup service in stores, Business Insider reports
NAACP pressing for ‘equity-first’ AI standards in medicine
Microsoft fights $2.8 billion UK lawsuit over cloud computing licences
Disney to invest $1 billion in OpenAI, license characters for Sora video tool
Exclusive-AI software startup Harness valued at $5.5 billion in latest financing round
'Clair Obscur': French hit with chance to sweep Game Awards
US phone imports from Samsung hub Vietnam hit lowest level since 2020
Oracle slumps as gloomy forecasts, soaring spending fan AI bubble worries

Others Also Read