Investors are nervously watching tech stocks after Facebook led a sell off on Wall Street over the misuse of its customers' data.
Shares of the social media network plunged almost seven percent after reports that Cambridge Analytica collected raw information on 50 million users' profiles without their consent.
The political analytics company worked on Facebook ads with the Trump presidential campaign.
Reporter Steve Mort in Washington says it may be difficult for the tech giant to recover quickly.
IN: "Well I…
OUT: … this scandal"
DUR: 12 seconds
CLIP: http://www.fsnradionews.com/feeds/0319Facebook-Mort1.mp3
ALT: Reporter Steve Mort in Washington says social media companies are braced for a backlash from lawmakers.
IN: "Certainly a…
OUT: …political reasons"
DUR: 30 seconds
CLIP: http://www.fsnradionews.com/feeds/0319Facebook-Mort2.mp3
ALT: Reporter Steve Mort in Washington says the CEO of Facebook is now likely to be called to give evidence to Congress.
IN: "Mark Zuckerberg…
OUT: … has requested"
DUR: 31 seconds
CLIP: http://www.fsnradionews.com/feeds/0319Facebook-Mort3.mp3
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