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Stock impact report

Facebook takes heat from HUD over allegedly discriminatory housing ads - CNET [CNET News]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: CNET News
The Department of Housing and Urban Development says Facebook allows discriminatory housing ads to run on its platform. NurPhoto Facebook is getting in trouble again for housing ads that a US agency says are discriminatory. The Department of Housing and Urban Development said Friday that it's filed a formal complaint against Facebook for violating the Fair Housing Act because the social network lets landlords and home sellers engage in housing discrimination. Facebook allows advertisers to decide who gets their housing-related ads based on the users' race, color, religion, sex, familial status, national origin, disability and ZIP code, according to a HUD  press release . This conduct helps advertisers limit housing options for certain people as part of targeted advertising, which is discriminatory. This is an ongoing issue with Facebook. A ProPublica investigation Show less Read more
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