Despite tech scandal information overload this weekend, here is a credit default swap collateralized debt obligation type story that journalism will struggle to explain. Adtech business is impenetrably abstruse but this could be unraveling the key criminal conduct at play.
https://twitter.com/patrickmcgee_/status/1451619916994396164
With all the simultaneous tech scandals crashing together from multiple sources, people will tend to focus on the stories they can understand, cause emotional impulses, and comport with their understandings rather than the ones that are challenging to grasp but cut to the core.
Yes all of these scandals represent the various issues I shout about for years now. But this TX price fixing lawsuit is all about the alleged criminal conduct of the DUOPOLY. They have been illegally cheating virtually *all* advertisers and publishers, harming all of society.
The press is demonstrating a significant bias toward whistleblown documents, understandably, even tho none of it is news to experts and critical observers. Conversely, I notice how the press has a bias against court documents for sources because they aren’t exclusive enough.
All the society unraveling scandals are downstream from the DUOPOLY’s business model. And it could be illegal! Go behind the screens. Follow the data. Follow the money.
Take “Header bidding” an example of adtech jargon that general readers are now asked to grasp. This is a reference to View Source HTML code, and putting the adtech JavaScript in the <head tag rather than at the bottom where the House (Google) always wins the ad targeting auction.
This reminds me of the time when general readers were asked to understand how Wall Street commits fraud by securitization of mortgages with tranches, hedges, insurance, and re-insurance…CDOs…default swaps…
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