Apple co-founder says Apple Card algorithm gave wife lower credit limit

Malaysia News News

Apple co-founder says Apple Card algorithm gave wife lower credit limit
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algo...

) co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker’s credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple Card.

The criticism started on Thursday, after entrepreneur David Heinemeier Hansson railed against the Apple Card in a series of tweets, saying it gave him 20 times the credit limit that his wife received. On Saturday, Wozniak chimed in, suggesting that a similar thing happened to him as he got 10 times more credit on this Apple Card compared with his wife.

New York’s Department of Financial Services said it is opening a probe into Goldman Sachs credit card practices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple Card users received $10 billion in credit from Goldman Sachs - Business InsiderApple Card users received $10 billion in credit from Goldman Sachs - Business InsiderGoldman Sachs lent out approximately $10 billion to Apple Card users through September 30, just over a month after Apple Card's full US launch.
Read more »

Goldman faces probe after entrepreneur slams Apple Card algorithm in tweetsGoldman faces probe after entrepreneur slams Apple Card algorithm in tweetsA probe into Goldman Sachs Group Inc's credit card practices has been initi...
Read more »

NY regulator vows to investigate Apple Card for sex biasNY regulator vows to investigate Apple Card for sex biasNEW YORK (AP) — A New York regulator is investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits. The bank denies wrongdoing. The investigation follows a...
Read more »

Goldman faces probe after entrepreneur slams Apple Card algorithm in tweetsGoldman faces probe after entrepreneur slams Apple Card algorithm in tweetsA probe into Goldman Sachs Group Inc's credit card practices has been initi...
Read more »

NY regulator vows to investigate Apple Card for sex biasNY regulator vows to investigate Apple Card for sex biasA New York state agency says it will investigate Goldman Sachs for possible sex discrimination in the way it sets credit limits for the Apple Card
Read more »



Render Time: 2025-03-25 23:04:54