PayPal Faces Lawsuit Over Allegations of Racial Bias Against Asian Americans

Reported 2 days ago

PayPal has been sued by Asian American entrepreneur Nisha Desai, who claims the company discriminated against her by restricting a $535 million investment program to Black and Hispanic applicants only, resulting in significant financial loss for her venture capital firm, Andav Capital. Desai contends that Asian Americans are unfairly labeled as 'the wrong kind of minority' and is seeking damages and a ban on race-based considerations in the funding initiative.

Source: YAHOO

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