• snooggums@lemmy.world
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    4 days 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?

  • Jure Repinc@lemmy.ml
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    3 days 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.