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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

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The Dark Side of Social Media Growth: Fake Accounts and KPI Incentives

This chapter examines the troubling rise of fake user accounts on social media, driven by growth-focused KPIs that compromise integrity. It advocates for identity verification systems to curb fraud while ensuring user anonymity, highlighting the impact on platforms like Nextdoor and the risks associated with deceitful practices.

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