Facebook faces discrimination lawsuits amid reports it allowed Uber to run job ads targeted exclusively at men
Getty Images Facebook faces discrimination lawsuits for allegedly allowing employers to target job ads at a single gender. Civil rights organisation the ACLU filed a complaint against Facebook c.....»»
HUD charges Facebook with housing discrimination
The U.S. Department of Housing and Urban Development charged Facebook Inc on Thursday with violating the Fair Housing Act, alleging that the company's targeted advertising discriminated on the basis of race and color. Linda So reports......»»
Facebook vows to stop ad discrimination against African-Americans, women and older workers
Facebook settled five lawsuits alleging its targeting tools allowed advertisers to exclude certain groups from seeing housing and employment offer.....»»
Facebook settles lawsuits alleging discriminatory ads
Facebook is settling several lawsuits that alleged its advertising platform allowed for discrimination in ads about housing, employment and credit......»»
Globe Life"s stock crashed amid federal probes. Here"s everything you need to know.
Globe Life stock tanked after a series of damning lawsuits, probes, and investigative reports. Here's what happened. Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty ImagesGlobe Life i.....»»
Elon Musk Mocks Facebook Again, Likens Its Links To "AOL Email Address" As Zuckerberg"s Meta Struggles With Ad Glitches
Elon Musk critiques Meta Platforms' advertising system amid marketer complaints, comparing sharing a Facebook link to having an AOL email address, as Meta faces challenges with ad performance and rising campaign costs. read more.....»»
Facebook faces fine of "billions" in EU for data leak, Business Insider reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Lyft beats Q4 2020 earnings expectations, reports $569.9 million in revenue amid pandemic struggles
Lyft's business has been hit harder by the pandemic than rival Uber, which has offset losses with its food-delivery business. Lyft went public in March 2019 at a price of $72 per share. Mario Tama/Getty Images Lyft on Tuesday reported $569.9 mi.....»»
Alto enters Los Angeles ride-hailing market amid Prop 22, AB 5
CEO Will Coleman on how Alto is different from Uber and Lyft, why the company chose Los Angeles as its next market, and what challenges it faces here......»»
Facebook let advertisers target users interested in "pseudoscience," allowing them to capitalize on conspiracy theories that falsely blame 5G cell towers for the coronavirus (FB)
Darren Staples/Bloomberg via Getty Images Facebook allowed advertisers on its platform to specifically target users interested in "pseudoscience," the nonprofit newsroom The Markup reported Thursday. One targeted ad promoted a so-.....»»
Juul faces COVID-19 claims in teen vaping lawsuits, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Zoom brings former Facebook security chief in to advise amid criticism, lawsuit over privacy flaws
Zoom Video Communications Inc. is now under fire from a shareholder who accuses the company of deliberately hiding security flaws in its platform. Bloomberg reports that investor Michael Drieu filed a class-action lawsuit against San Jose-based Zo.....»»
Facebook strains to deal with skyrocketing usage amid pandemic, NY Times reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Cisco Systems plans a new round of layoffs amid an uncertain outlook for the economy
A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»
Boy Scouts of America files for bankruptcy amid challenges over lawsuits alleging abuse
The Boy Scouts of America, one of the largest youth organizations in the United States, has filed for Chapter 11 bankruptcy protection as it faces legal challenges defending itself against lawsuits alleging sexual abuse......»»
Mark Zuckerberg is going to personally lobby EU lawmakers as Facebook faces a host of problems in Europe
REUTERS/Erin Scott Facebook CEO Mark Zuckerberg will visit European lawmakers in Brussels in February, Bloomberg reports. A Facebook spokesperson said Zuckerberg .....»»
How Did Uber Technologies, Inc. (UBER) Compare Against Top Hedge Fund Stocks in 2019?
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and.....»»
Facebook reports record revenue in third quarter amid continued scrutiny from regulators
The social network’s growth has defied criticism from privacy experts and regulators......»»
Facebook denies there’s ‘angst’ about its Libra cryptocurrency plans amid reports partners like Visa and Mastercard might pull out
AP Photo/Andrew Harnik Facebook executive David Marcus denied on Tuesday that Libra, the social network's big foray into money, i.....»»
OxyContin maker files for bankruptcy
Purdue Pharma, the company behind OxyContin, filed for bankruptcy protection Sunday night (September 15), amid more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Ryan Brooks reports......»»
Regulators to question Facebook"s Libra amid EU concerns, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»