Anheuser-Busch’s controversial sponsorship of trans influencer Dylan Mulvaney in an advertising campaign for its beer brand Bud Light is just the most recent example of corporations championing progressive causes—and then having to backpedal when they discover that the message proves divisive. In an attempt to quell a backlash among Bud Light drinkers, Anheuser-Busch CEO Brendan…
ANALYSIS: From Bud Light to Disney, How Left-Wing Causes Are Infiltrating Corporate Advertising
April 17, 2023
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Shareholders Charge Political Bias at PayPal
April 13, 2023
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Business & MarketsCompaniesCorporate Equality indexHuman Rights CampaignInvestmentJPMorgan ChaseMedia & Big TechPayPalpersonal financepolitical discriminationviewpoint diversity
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The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…
SEC Sides With Conservative Investors Charging Discrimination at PayPal
April 13, 2023
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Business & MarketsCompaniesCorporate Equality indexHuman Rights CampaignInvestmentJPMorgan ChaseMedia & Big TechPayPalpersonal financepolitical discriminationviewpoint diversity
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The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…
Conservative Shareholders Charge Discrimination at PayPal
April 13, 2023
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Business & MarketsCompaniesCorporate Equality indexHuman Rights CampaignInvestmentJPMorgan ChaseMedia & Big TechPayPalpersonal financepolitical discriminationviewpoint diversity
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The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…
PayPal Announces CEO Dan Schulman to Step Down at End of Year After Shares Plunge
PayPal CEO Dan Schulman will leave the company at the end of the year to “devote more time to my passions outside the workplace” following a turbulent year for the online payments technology firm, which saw the price of its shares plunge more than 60 percent. In a statement on Feb. 9, the online payments company…
PayPal Announces It Will Lay Off About 2,000 Employees
PayPal Holdings Inc. said on Tuesday it is planning to cut 7 percent of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slowdown. The payments firm also joins Big Tech firms and Wall Street titans, which are executing layoffs across corporate America as…
PayPal Hack Exposes Customer Names, Social Security Numbers
Some 35,000 PayPal user accounts have been hacked by “credential stuffing,” resulting in exposed names and Social Security numbers, according to a notification posted on a government website. Through its lawyers, the California-based payment processor sent a notice to Maine’s attorney general. The company also sent a letter, dated Jan. 19, about the data breach…
German Cartel Office Initiates Proceedings Against PayPal
BERLIN—Germany’s cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe over the possibility that it hindered competition. The subject of the proceedings was PayPal’s rules for extra charges and the presentation of PayPal in the terms of use for Germany, the watchdog said. PayPal did not immediately reply to…
Capitol Report: Twitter Files: Twitter Pressured by Government to Censor COVID Info; West Point Removes Statues
December 26, 2022
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According to the latest release of the Twitter Files, the platform suppressed information about the coronavirus. After pressure from the federal government, a scientist’s criticism of the vaccine was blocked. Republicans vow to investigate the relations between Twitter and the federal government. China may be facing its biggest COVID-19 surge to date, leaked notes from…
British MP Withdraws Amendment That Would Have Stopped Digital Payment Firms Withholding Service Over Political Views
An MP who wanted to make it illegal in the UK for companies like PayPal to demonetise customers for political reasons has removed her amendment, saying that the issue needs to be looked at by the British government in more detail. On Nov. 3, Conservative MP Sally-Ann Hart presented an amendment to the Financial Services…
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