rinze

Reddit said in a filing to the Securities and Exchange Commission that its users’ posts are “a valuable source of conversation data and knowledge” that has been and will continue to be an important mechanism for training AI and large language models. The filing also states that the company believes “we are in the early stages of monetizing our user base,” and proceeds to say that it will continue to sell users’ content to companies that want to train LLMs and that it will also begin “increased use of artificial intelligence in our advertising solutions.”

The long-awaited S-1 filing reveals much of what Reddit users knew and feared: That many of the changes the company has made over the last year in the leadup to an IPO are focused on exerting control over the site, sanitizing parts of the platform, and monetizing user data.

Posting here because of the privacy implications of all this, but I wonder if at some point there should be an "Enshittification" community :-)

Yesterday, the business section of El País, the Spanish newspaper of record, published this story.

It details how now people are investing in "tokens" using the blockchain, in something that looks pretty much like a regular REIT to me. 12 % average annual return, 6 % to 10 % MER. I already know the end of this movie.

I've contacted the local regulator (the Spanish SEC if you want) and asked them if they have published any information about this ~~scam~~ very sophisticated product.

I was wondering if this is also a thing outside of Spain. We can't have been the first ones to invent this shit.

If you can't access it due to the paywall I can send you a PDF, just DM me.

Hi,

In Spain (and probably other places in Europe) we've recently seen a deluge of cookie banners that offer you the option to reject tracking cookies for a fee. The regular GDPR forms are therefore slightly broken, as you get several options: accept, reject (which doesn't work in most cases), and buy a subscription to reject. Consent-O-Matic, for example, is having a hard time. I don't doubt it'll get corrected in time, but I want to talk about something tangential.

Cookie consent has (at least) two layers: the browser layer (where we might delete cookies, reject third party cookies, etc) and the site UI layer (where we're presented with an option when we load the page). This means we can reject third-party cookies at the browser layer and then accept whatever form at the site UI layer.

With the set up mentioned above, is there really any difference between accepting cookies and rejecting cookies? No tracking cookie are going to get installed in my computer anyway. This, combined with an ad blocker, makes the browsing experience exactly the same whether I accept or reject the cookie form. Is there anything I'm missing here?

Real-Time Bidding (RTB) allows foreign states and non-state actors to obtain compromising sensitive personal data about key European personnel and leaders.

Key insights:

• Our investigation highlights a widespread trade in data about sensitive European personnel and leaders that exposes them to blackmail, hacking and compromise, and undermines the security of their organisations and institutions.

• These data flow from Real-Time Bidding (RTB), an advertising technology that is active on almost all websites and apps. RTB involves the broadcasting of sensitive data about people using those websites and apps to large numbers of other entities, without security measures to protect the data. This occurs billions of times a day.

• Our examination of tens of thousands of pages of RTB data reveals that EU military personnel and political decision makers are targeted using RTB.

• This report also reveals that Google and other RTB firms send RTB data about people in the U.S. to Russia and China, where national laws enable security agencies to access the data. RTB data are also broadcast widely within the EU in a free-for-all, which means that foreign and non-state actors can indirectly obtain them, too.

• RTB data often include location data or time-stamps or other identifiers that make it relatively easy for bad actors to link them to specific individuals. Foreign states and non-state actors can use RTB to spy on target individuals’ financial problems, mental state, and compromising intimate secrets. Even if target individuals use secure devices, data about them will still flow via RTB from personal devices, their friends, family, and compromising personal contacts.

• In addition, private surveillance companies in foreign countries deploy RTB data for surreptitious surveillance. We reveal “Patternz”, a previously unreported surveillance tool that uses RTB to profile 5 billion people, including the children of their targets.

• Our examination of RTB data reveals Cambridge Analytica style psychological profiling of target individuals’ movements, financial problems, mental health problems and vulnerabilities, including if they are likely survivors of sexual abuse.

• Real-Time Bidding's security flaw is a national security problem

I wrote this article for the Montreal Gazette a few months ago and I think it might be a good idea to share it here. If a few more people freeze their credit files and they avoid a potential id theft disaster in the future, that's good enough for me.

For people outside of Quebec: contact your representatives and demand provincial / federal action!

Gift link, read freely :-)

Be careful out there today, looks nasty.