Meta rejects French rights watchdog’s ruling against algorithm

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms on Tuesday rejected a ruling by the French rights watchdog against its algorithm after allegations of discriminatory job advertisements on its social network Facebook. The independent watchdog Defenseur des Droits (Defender of Rights) in an October 10 ruling said Meta’s system treats Facebook users differently because of…

Read More

Goldman, Morgan Stanley CEOs warn of pullback in global equity markets

By Manya Saini and Niket Nishant (Reuters) -CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations. Fears of a market bubble come as the benchmark S&P 500 continues its meteoric climb, repeatedly hitting record highs and…

Read More