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Stock impact report

PayPal Cuts Off Infowars, Joining Other Tech Giants [MSN Money]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: MSN Money
© Justin Sullivan/Getty Images PayPal’s decision to stop processing payments for Infowars could be particularly damaging to its operator, Alex Jones, because finding another company to handle transactions will be difficult. SAN FRANCISCO — PayPal has become the latest tech giant to cut off Infowars, the conspiracy website run by the right-wing provocateur Alex Jones. Infowars was informed by PayPal on Thursday night that it would have 10 business days to find a new payment processor. Sign up for the Morning Briefing Newsletter. PayPal handles all transactions, including credit cards, for the Infowars online store. The store has been a significant source of revenue for the company, selling vitamins and nutritional supplements, as well as Infowars-branded apparel. PayPal has also handled donations that Infowars receives from its supporters. PayPal acted weeks after Twitter , Facebook and other large tech companies blocked Infowars from their services. Most of t Show less Read more
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