PayPal CEO’s Interview With World Economic Forum Could Suggest Mentality Behind Backtracked ‘Misinformation’ Penalty

  • Remarks made by PayPal CEO Dan Schulman during an interview with the World Economic Forum earlier this year could shed light on the company’s attempt to pull $2,500 from users’ accounts if they promote “misinformation.”
  • PayPal garnered controversy in 2016 after the company opposed a North Carolina law that barred individuals from using washrooms for people of the opposite sex.
  • “Saying that you have values and not acting on them is worse than not having any values,” Schulman explained. “That causes employees to revolt; that’s how you sow distrust with customers or regulators.”