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HUD files formal complaint against Facebook for housing discrimination [ABC News]

FACEBOOK (FB)  More Company Research Source: ABC News
Last facebook earnings: 7/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF By STEPHANIE EBBS Aug 17, 2018, 7:07 PM ET 0 Shares Email Star File-AFP/Getty Images File photo from May 1, 2018 pf Facebook CEO Mark Zuckerberg speaking during the annual F8 summit at the San Jose McEnery Convention Center in San Jose, Calif. 0 Shares Email The Department of Housing and Urban Development has filed a formal complaint against Facebook for allowing landlords to target specific racial groups or other demographic groups in violation of the Fair Housing Act. Facebook has previously faced lawsuits from housing groups after ProPublica reported in 2016 that advertisements for rental homes were targeting ads based on an affinity for demographics like African-American, Asian-American or Hispanic or excluding people interested in terms that could be associated with protected groups. HUD's complaint specifically says that as of July 2018, Facebook's ad targeting tools [Read more]

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