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IRL to shut down after faking 19M users, ZIRP fraud, Databricks acquires MosaicML for $1.3B | E1768
This Week in Startups
The Dark Web and Fake Accounts
There are no legal standards. With these services, there's no identity attached to them. So they're doing scripts or they have farms in India, Manila, where people are getting paid a dollar an hour to just make, you know, 50 accounts. Instagram's a great example. How many Instagram fake accounts do you get a day? I get tons jumping on,. You know, like it's not it's it's not. But they can't go to users. Well, also serving ads to bots is a very profitable business. Until people realize that like they're because at the end of the day, performance comes into play and so they keep trying new customers until people keep getting burnt
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