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Meet Facebook, your new financial regulator

  Maybe it’s not so bad to have algorithmic overlords — at least when they are pressured into protecting people rather than exploiting them. Earlier this week, Facebook declared that it will no longer let certain kinds of advertisers engage in racial profiling. Specifically, it will prohibit credit, housing, and employment advertisers from using “ethnic affinity” categories — marketing profiles ...

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When the fake news is about your company

  Fake news on social media stymied the presidential campaign of Hillary Clinton. Now, businesses are wondering what they should do if they’re targeted next. For some, it’s too late. Pepsi’s chief executive never told Trump supporters to “take their business elsewhere,” but websites still falsely claimed she did. Coca-Cola had to deal with bogus reports that a “clear parasite” ...

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A message from the runway

  NEW YORK / AP Crunchy snow and ice greeted designers, models and fans at New York Fashion Week. What visitors got was a high-profile debut and a political message at Calvin Klein, some psychedelic designs (and more politics) from Jeremy Scott, a focus on femininity from Jason Wu, and not one but two collections by Kate Spade. CALVIN KLEIN’s ...

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