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Facebook, Google limit robo systems that allowed racist ads

­­­­­­­­­­­Bloomberg The world’s largest digital advertising companies reined in their automated money-making machines after the systems were shown to spit out ads based on racist and other offensive information. Facebook Inc. shut off a key self-service ad tool, while Google stopped its main Search ad system automatically from suggesting offensive phrases for targeting. The moves are the latest sign of ...

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Over a million Ford Explorers may face recall on fumes

Bloomberg Seven years worth of Ford Motor Co.’s most-popular SUV model are a step closer to recall in the US over mounting reports of exhaust fumes leaking inside. The National Highway Traffic Safety Administration (NHTSA) has taken an interim step towards prompting the recall of 1.3 million 2011-2017 Ford Explorers, including 2016-2017 Explorer Police Interceptor models, according to a posting on ...

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Portugal could attract new investors after S&P rating upgrade

Bloomberg Portuguese Finance Minister Mario Centeno expects greater demand for his nation’s debt from a broader array of investors to spur lower borrowing costs both for the government and corporations, after the country’s credit rating was restored to investment grade status by S&P Global Ratings. “This has a very significant impact,” Centeno said in a telephone interview. “It allows a ...

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