Day: February 16, 2023
PayPal Lost $6 Billion in Valuation after Proposing $2500 Penalties. CEO to Step Down
PayPal lost $6 billion in valuation during a stock market selloff after the company deplatformed organizations and commentators for their political views and proposed imposing $2500 penalty for violating its policy for “misinformation, hate, violence, and racial or other forms of intolerance that is discriminatory.”