Controversy! Conspiracy!
MORE..
PayPal has backtracked on a published policy that would have fined users $2,500 for spreading “misinformation,” claiming the update had gone out “in error.”
“An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused,” a spokesperson told National Review in a written statement.
The course reversal comes after the policy changes had started to attract media scrutiny as well as criticism on Twitter. Former PayPal president David Marcus even blasted the company over the implication that it could seize customers’ money for finding their views objectionable.
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“It’s hard for me to openly criticize a company I used to love and gave so much to. But @PayPal’s new AUP goes against everything I believe in,” the cryptocurrency entrepreneur said Saturday. “A private company now gets to decide to take your money if you say something they disagree with. Insanity.”
Tech titan Elon Musk replied, “Agreed,” in a comment that got thousands of likes.
The policy update had appeared to authorize the company to pull a significant sum of money from the accounts of users who spread “misinformation,” among other newly listed offenses…
There is no way that this was all just an accident — changes like this go through mountains of attorneys and levels of review.. Seriously, who are they kidding?
But let’s just be brutally honest. We have given tech companies unfettered power — we allow them to dictate what we can or can not do. On Facebook we permit their algorithms to develop schemes to limit a post reach. We click on TikTok while it spies with its Mic.. we have become quite acquainted with spying and strange tech powers.
So.. would we just be default be ok with PAYPAL deciding to fine us for misinformation?
Not today. But maybe tomorrow..
All things are eventual…
DEVELOPING..