UFO - Regulatory Update: Big Tech Under Fire
By Denny Fish & Tom DeLong, CFA
Regulatory pressure surrounding big technology firms in the U.S. continues to mount, raising questions about what the future may hold for the sector. Research Analyst Tom DeLong and Portfolio Manager Denny Fish offer their insights on how investors should view these issues over the long term.
Large technology firms remain under regulatory fire. The latest development: On July 24, Facebook (FB) agreed to pay a $5 billion settlement for charges that it violated a Federal Trade Commission ((FTC)) order, deceiving users about their ability to control the privacy