Investors worry that companies like Facebook will be subject to more regulation following several data privacy scandals as well as online election meddling from outside the United States. Facebook is also facing harsh criticism that its platform is being used to inflame ethnic and religious conflict in Myanmar. On top of all that, high-tech stocks such as Facebook have stumbled this month as investors looked for safer, steadier options.

Source: Los Angeles Times October 31, 2018 14:37 UTC