Way to go tyrants!
This ain't a "social credit system" in fucking China!
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The Consumer Financial Protection Bureau Has Opened an Investigation into PayPal
“We have ordered most of the major big tech firms and payment companies to provide us with information about how are they making decisions about who they kick off their platforms, but we also need to look into whether they believe they can be fining users for legal activities.”
This ain't a "social credit system" in fucking China!
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The Consumer Financial Protection Bureau Has Opened an Investigation into PayPal
“We have ordered most of the major big tech firms and payment companies to provide us with information about how are they making decisions about who they kick off their platforms, but we also need to look into whether they believe they can be fining users for legal activities.”
BREAKING: PayPal Has Reinstated its Policy to Fine Users $2,500 Directly from their Accounts if they Spread “Misinformation”
October 27, 2022, 9:45amby Jim Hoft
they didn't make it easy at all but after numerous calls and an escalation they can finally go fuck themselves. if you only do this online they will keep sending you an email a few days after closing your account that due to "pending transactions" your account can't be closed and your request for data deletion cannot be completed.
btw their earnings call is tomorrow, November 3, the same day they intended to implement the $2500 theft. coincidence?
btw their earnings call is tomorrow, November 3, the same day they intended to implement the $2500 theft. coincidence?
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on 10/6 Paypal was trading at nearly $96/share and it's now below $82. We'll see what their earnings call brings tomorrow but the damage caused by their wokeism won't be seen for 3 months as tomorrow's call is earnings through September, before the new User Agreement plan was leaked.
Paypal posted strong Q3 earnings but significantly revised their Q4 downward which will crush their stock today. While they championed their "400 million users' we'll see what the impact was in 3 months from users running away from Paypal and Venmo over the past month. They indicated Venmo is the reason from their strong Q3 and that their per-user revenue on Paypal rose. As markets open expect Paypal to head south today, perhaps even below 72-73/share down from $96/share just 29 days ago. Go Woke, Go >>>, you know, the thing
