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.

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