Big Tech has been badly exposed.
People have come to realize that these companies are not harmless.
And one Silicon Valley bigwig made a shocking announcement after declaring levees.
So-called disinformation and misinformation have been used as the impetus to shut people up on social media platforms, and the censorship has extended to advertiser networks and payment processors.
A few months back, PayPal announced that it may potentially fine its customers $2,500 for spreading things deemed “misinformation.”
The backlash was quick.
So severe in fact that PayPal released a statement saying the new misinformation policy was released in mistake.
PayPal CEO announces exit following “misinformation” policy roe
Now PayPal CEO Dan Schulman abruptly revealed that he is leaving the company by the end of the year.
Schulman said, “I’m proud of what we have accomplished at PayPal and of the incredibly talented and committed people I work with every day…Together, we have reimagined financial services and e-commerce, and worked to improve the financial health of our customers. PayPal makes a difference every day for its customers and communities and the company is positioned for a great future.”
Blowback from the misinformation “mistake” supposedly led to a huge decline in users, which resulted in a $6 billion loss in valuation.
The move was so terrible that former PayPal president David Marcus ripped the company and explained, “It’s hard for me to openly criticize a company I used to love and gave so much to. But PayPal’s new AUP [acceptable use policy] goes against everything I believe in. A private company now gets to decide to take your money if you say something they disagree with. Insanity”
Prior to the policy, Schulman spoke to a globalist cabal at the World Economic Forum in Davos, Switzerland, signaling that PayPal would get more involved in social engineering.
He said, “Trust extends well beyond whether you deliver an excellent product or service. Doing that is very necessary, but it’s not sufficient…To be a company that embodies trust, your mission and values should make it clear that you stand for more than just maximizing profit. That you stand up for social issues that are important, and you do the right things to help create a better world.”
In other words, companies must mirror the “woke” priorities of the Left.
With Schulman’s departure, it seems as though PayPal may be paying a price for that.
Stay tuned to Unmuzzled News for any updates to this ongoing story.
