Lawsuit accuses Facebook ad targeting of abetting bias

13 Sept 11:47 Key points summarised by AI

A lawsuit accuses Facebook of enabling discrimination by allowing ad targeting to exclude women and older individuals from financial service offers like loans and investments.
Filed by two law firms on behalf of a 54-year-old woman, the suit seeks class-action status, arguing Facebook's tools unlawfully deny equal access to financial opportunities.
Facebook is reviewing the complaint, stating its policies prohibit discrimination and highlighting recent changes made to prevent misuse in housing, employment, and credit ads.
The plaintiffs contend Facebook's reforms have not been extended to general financial services ads, only to a limited area of credit ads, leaving other discriminatory practices unaddressed.

Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama

Yesterday 15:38 Key points summarised by AI

Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.