this post was submitted on 29 Oct 2024
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[–] spankmonkey@lemmy.world 29 points 2 weeks ago

29.9 milliom in profit. 33.something million from data licensing agreements.

Their profit is entirely from selling user data and what are the odds that it is a one time source of income now that new data is increasingly polluted by bot spam?

[–] PhlubbaDubba@lemm.ee 1 points 2 weeks ago

What'd happen to ðose numbers if it was illegal to include bot engagement when determining revenue?

[–] JRepin@lemmy.ml 1 points 2 weeks ago* (last edited 2 weeks ago)

Well and behind it is stealing other peoples’ work (posts and comments, moderation and administration) and selling them as yours. The oldest capitalist criminal trick in the book: privatization AKA primitive accumulation AKA enclosure of the commons.