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Despite past efforts, Facebook hasn't avoided federal-level trouble over allegations it enabled discriminatory housing ads. The Department of Housing and Urban Development has officially filed a complaint against Facebook, accusing the social network of violating the Fair Housing Act. HUD claimed that Facebook's ad personalization let advertisers redline ZIP codes and exclude people based on gender, race, religion, accessibility, national origins and even parental status.
A recent U.S. government report indicates just how far multifaceted China is when it comes to stealing American intellectual property and government secrets.
Inc. have surged this year, driving the stock market higher but also pushing valuations to what some investors consider worrisome levels. The valuation of the average stock in the S&P 500 is now in the 97th percentile of historical levels, according to Goldman Sachs Group Inc., which analyzed 40 years of market pricing and valuation data. The valuation level is thanks in large part to the rise of highflying tech stocks.
Tesla Inc. Chief Executive Officer Elon Musk, responding to Uber Technologies Inc. board member Arianna Huffington urging him to change the way he works, ruled out taking a different approach. Ford & Tesla are the only 2 American car companies to avoid bankruptcy. An open letter from Huffington to Musk accused him of “demonstrating a wildly outdated, anti-scientific and horribly inefficient way of using human energy,” adding in a tweet that the Tesla founder should change the way he works.
Despite strong earnings and potential progress in trade talks, the major U.S. indexes could see a bit of a correction this week on guidance concerns.
General Electric Co., Telefonica SA, Dentsply Sirona Inc. and Whirlpool Corp. (WHR) have declined to their respective 3-year lows
Arm, which is responsible for much of the intellectual property that powers mobile devices, radically shifts its strategy.
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Microsoft’s insiders have divested from 442.88k shares in the large-cap stock within the past three months. It isRead More...
Car makers are collecting massive amounts of data from the latest cars on the road. With millions of cars rolling off dealer lots with built-in connectivity, auto companies are gaining access to unprecedented amounts of real-time data that allow them to track everything from where a car is located to how hard it is braking and whether or not the windshield wipers are on. The data is generated by the car’s onboard sensors and computers, and then stored by the auto maker in cloud-based servers.