PayPal issued a proposed rule change to fine customers for “misinformation,” which it later said was an error. Now the Consumer Financial Protection Bureau is closely looking at the company. sharon_epperson has the details.
The head of the government's top consumer watchdog agency is looking closely at PayPal after the company issued a proposed rule change to fine customers for "misinformation." CNBC's Sharon Epperson joins 'Squawk Box' to report.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Woke Disaster: PayPal U-Turns on Plan to Fine Users $2,500 for 'Misinformation'In a quickly-reversed policy move, the web's leading payments processor, PayPal, announced it would deduct $2,500 from users who violates its acceptable use policy, which includes bans on spreading 'misinformation,' 'hate,' or anything else the company deemed 'unfit for publication.'
Baca lebih lajut »
PayPal stock takes a beating after weekend reports of policy changeA firestorm that erupted over the weekend in response to a PayPal account policy change sent the company's stock plunging Monday.
Baca lebih lajut »
PayPal: 'Misinformation' policy to fine customers was published in 'error'The policy language that the company says was released by mistake reportedly threatened a penalty of $2,500 per violation.
Baca lebih lajut »
PayPal takes a page from the Chinese Communist Party’s playbookOver the weekend, PayPal, the online payments giant, tested a Chinese Communist Party-style “social credit” system.
Baca lebih lajut »
PayPal warned over speech restrictions by powerful financial regulatorA top financial regulator and liberal ally of Sen. Elizabeth Warren said he was considering investigating PayPal for a policy, now retracted, allowing the company to fine users $2,500 for spreading 'misinformation.'
Baca lebih lajut »
PayPal warned over speech restrictions by powerful financial regulatorA top financial regulator and liberal ally of Sen. Elizabeth Warren said he was considering investigating PayPal for a policy, now retracted, allowing the company to fine users $2,500 for spreading 'misinformation.'
Baca lebih lajut »