PayPal CEO Dan Schulman in New York in 2016.
Sarah Tew/CNET
Support for the Black community flooded in from tech companies all this month following the killing of George Floyd by police. The largest commitment from the industry came from PayPal, which said it will invest $500 million in Black and minority businesses and give away $30 million.
The funding is a continuation of how PayPal CEO Dan Schulman has run the digital payments business for the past five years, with the company repeatedly pushing to support minorities, even amid heavy criticism and controversy when doing so.
In 2016, Schulman opted to pull…
Source CNET Internet News
Source link
