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🖕 Fuck PayPal
And fuck Linus Tech Tips for intentionally keeping quiet about this after they found out.
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Ever since it was explained that Mr. Beast only smiles with his mouth, I get skeeved out every time I see him.
Just saw a video that the honey people are making another SCAM called PIE. They make an Ad blocker, then put their own ads. wtf.
https://www.youtube.com/embed/VTxnM3J0I0k?width=828&height=466
Just open their privacy policy and done. They sell your browsing info, and you could stop it there
Wait, when did Paypal buy Honey? 😳
2020 for $4 billion.
And Honey has always worked like this. So PayPal knew exactly what they were buying which explains the price tag. Paypal knew they were going to make their money back and then some.
I’m so proud I never consumed these guys shit
I never trust browser extensions outside of a select few. However, I have used Paypal quite a bit. I would think many of us have.
Was it all that surprising to you though?
By the time honey hit the scene we had been ten years into “sketchy Browser extension that monitors your browsing habits and injects ads”
I guess getting flogged by your favorite influencer ads a veneer of legitimacy for a lot of people.
You guys think Rakuten does the same? I have got so much money from them.
Rakuten is up front about it. They force their affiliate links, then pay you part of their cut.
Honey forces their affiliate links in exchange for maybe finding you a discount code.
I also think Rakuten compensates me fairly. I take the payout in Amex points. Instead of money they give me 1 cent per point which I can leverage to a value of around 5 cpp through transfers
Seriously.
If something advertises on youtube it’s a scam. Simple to remember really.
This isn’t even remotely true. There are lots of advertisers and sponsors that aren’t scams. But unfortunately our consumer protection laws haven’t quite caught up to the digital marketplace. So there is a lot of room on the internet in general for scammy behavior.
As always, it’s buyer beware. As well as a big amount of content creator beware as well.
I don’t mind things that are an actual thing to buy. I want to research it first–you can get a better electric razor than Manscaped for not much more–but at least it’s clear how they make their money. Honey was obviously getting money from someone other than their users, and that’s an immediate red flag.
I and many other people naturally assumed that honey was getting their money from consumer data collection. Which is why I didn’t use the service myself. The surprise is the fact that the scam isn’t just consumer data collection but actually stealing commissions from content creators as well as using consumers as a gateway to stealing money from businesses that they have contracts with.
Yeah. PayPal bought a coupon browser extension for how much? If the only thing they do is save YOU money, how come they can afford a sponsored segment in a mr beast video?
That’s why I did not buy an eco flow or jackary. Too many influencers was a turn off. I went with BLUETTI.
Ltt didn’t hide shit, they posted it on a public forum
They didn’t hide it, but a huge portion of their audience doesn’t read the forums. A 10 minute video of Linus ranting about them would have opened this scandal to a wider audience years ago.
There may have been non-disclosure agreements between Linus tech tips and PayPal Honey. They may have threatened to sue him if he went public. I’m assuming we’ll find out the details in the next few weeks.
Linus usually likes to rant about it on the WAN show then they usually make a clip for YouTube, but weird he didn’t do that for honey, maybe he didn’t know how far the scam went.
Could have a non disparagement clause in their former agreement
As creator that makes some of their profits from affiliate links, I don’t see how that could be the case for him.
Seems more likely they had a reason to avoid beef with PayPal.
Some very vocal people on Lemmy just love hating on LTT. I don’t think this topic was worth them making a main channel video on, I think their forum post was good and I believe they even mentioned this functionality of Honey a few times on the WAN show. It wasn’t a secret, and anyone who cared to do in-depth research on a potential sponsor could have found out.
Yeah, that not nothing but it isn’t far off. They have a massive platform. It deserved at least a video telling people about it.
Honestly I thought all of this was common knowledge at this point, back when I used Honey (many years ago) I saw its affiliate code in the address bar and thought “huh, that’s how they make money”
I remember researching it a while ago when I was curious how they made money. If anything else, this just illustrated glee little research and care people have with their online information.
Linus Tech Tips really is scum. Yet more proof of that.
OP isn’t exactly giving you the full story there. I know for a fact I’ve seen a video on this. I remember thinking at the time “well duh”.
Same person that said ad blocking was the same as piracy.
It…is? You’re copying digital content without paying for it. I use uBlock but I don’t pretend to have the moral high ground.
Have you ever heard his full stance on the matter? Because he clearly stated that this is not a judgment against using it. Heck, he’s been open about having sailed the high seas himself and still doing so for media he physically owns.
It’s just that gaining access to media while circumventing the payment (ads in this case) is basically piracy. Which is fair.
Signed, A uBlock User
It was a matter of time until the public found out about this. They couldn’t think in the long term, by not accepting a bit of backlash, exposing the scam they unknowingly participated in they only opened themselves up for more later.
They are not only evil, they are stupid too, which is worse.
Literally just watched that. I agree with his consideration that that’s fraud.
I have been using PayPal increasingly for online payments. Not sure why. I have heard old stories about PayPal but Honey seems really bad. Its basically a given that any fintech company are going to be dodgy scammers but PayPal seemed almost grown up and respectable. Guess not.
Maybe use privacy.com instead (they also have an app), they can generate virtual credit cards and you can set limit is (one time payment, or monthly $10 only, etc). It’s great if you need to cancel something or if they try to charge you extra. Saved me $150 when boost tried to charge me 1 year after I bought a phone from them!
It’s also great for predatory services like GYM membership that you can’t cancel.
I use Klarna for basically everything I buy. I should probably reevaluate that. But I’ve had no issues so far. It notifies me when my payments are due. Helps me collect the sum of what I owe each month, each week. Helps me group payments to pay similar/connected things simultaneously, categorize purchases, etc, etc.
I really hope there’s nothing dodgy going on there. But at least I’m not giving them interest on anything I buy. Always make sure I’m paying my stuff on time, and no postponed payments.
I’m guessing their business model is to exploit people who have issues paying on time and to collect interest and late fees, as well as receive convenience fees from stores implementing Klarna as a payment option.
I really hope there’s nothing dodgy going on there
In 2023 they got a 1.1 million SEK fine for breaking the law that regulates working hours. To “allow” (strongly encourage) your employees to work nightshifts you need a collective agreement approved by the union, which they didn’t have.
More recently, they got a 500 million SEK fine for skirting the anti-money laundering regulations in Sweden.
But at least I’m not giving them interest on anything I buy. Always make sure I’m paying my stuff on time, and no postponed payments.
The whole “buy now, pay later” deal is a credit loan. They are most likely paying the merchant directly and using your loan as collateral to speculate on the market, until you pay them back for that loan. If that’s true, they are making profit on the interest gained from your loan.
I’m guessing their business model is to exploit people who have issues paying on time and to collect interest and late fees, as well as receive convenience fees from stores implementing Klarna as a payment option.
Correct. Like all credit banks they promote the “buy now, pay later” option before direct payment, which is becoming a pandemic on our society. Hardly any user interaction needed. They also offer their own payment plans which encourages buying even more expensive items you cannot afford.
Oh you naive child
I thought it was just collecting and selling user data but while I’d bet it’s still happening - wow, this is way craftier.
I said it in another post: if you see a bunch of influencers all suddenly peddling the same stuff, stay away. All of them can be bought.
Or, just don’t trust ads period
Do your own research
Or just don’t buy shit you don’t need.
Do your own research is the famous last coherent phrase of the QAnon crowd. Idk what the answer is but that phrase will forever make me uneasy.
It’s also something leftists famously tell each other ¯_(ツ)_/¯
How long are we going to let the far right keep stealing our words? It’s a proud respectable cryptocurrency term.
Grifters all the way down then
Okay, all of these customer reviews loved this product!
Weird how formulaic they sounded though.
Didn’t say anything about site reviews either :p
But ya finding good sources can be hard
Especially anything from Linus, they’re a very scummy group.
What annoys me the most is since his last drama, Linus HAS to be the face in every video now! Wtf it used to be a bunch of them took turns making videos, and it was fun seeing everyone work on different things. He has to be front and get all the attention, it just feels weird now.
But I really enjoy watching Techlinked :(
Am I the only one who, upon seeing his videos for the first time, immediately thought he was an annoying little pinhead?
Like, I’ve watched his channel(s) surge in popularity over the years, and this entire time I’ve just been wondering why, and the issues that have come out about his little empire since have only confirmed my initial prejudice.
They event have the stupid thumbnail stereotype
Soviet Womble expressed the feeling I have against channels like that very nicely: 7:56, in case link with timer doesn’t work
Because of his name, I thought he was a pro-Linux channel. I was swiftly disappointed.
He once bricked his OS during a “run Linux for a week” challenge. He tried to do
apt install steamor something and ignored a bunch of warnings. Of course he then bashed Linux because he didn’t pay attentionI mean the easiest name so you can’t really go for him for that.
I’m not exactly sure what you’re saying here, so I apologize if I’m misinterpreting, but - while I have many potential complaints about Linus - I don’t blame him for his name resembling the word “Linux.”
No, he’s pro blanket!
I have nothing clever to say here, so normally I’d let my upvote express my feelings, but that feels inadequate in this case. I just wanted to use my words to let you know that this comment amused me a great deal and to thank you.
Their entire video is an ad filled experience of shilling not only their sponsors but themselves. Incredibly obnoxious and cramming in every YouTube stereotype from begging for likes and subs to clickbait titles and then insisting they have to do it so they can have their cake and eat it makes them even more obnoxious than if they just did it without wanting to be forgiven for it.
It’s getting worse, I can’t remember who but I was watching a video just the other day and their ad segment was the fucking ltt ratchet driver. You know, the one they supposedly made because they were tired of the market and the low quality rip-offs all the companies were just trying to make profit off of (it’s a shitty plastic screwdriver for 70$, link to pic and it’s being sold at fucking walmart now). They sold it as such a heart string story in the beginning, it’s just another mini-wannabe corporation.
I don’t particularly feel bad at this point for their continued reputation downfall and the people responsible. Everyone has their own personal story of their favorite company which has turned to complete shit (Blizzard is one of mine). They didn’t come out strong but doubled down corporate style when everything started. That’s fine, but anyone staying and putting up with the stressful workplace knows what they’ve gotten themselves into.
Oh please attack them on actual grounds rather than a made-up nonsense. The screwdriver is actually decent product if you care about that sort of thing. No one’s getting scammed there, It’s an actual product that’s of relatively good quality.
If you don’t care about screwdrivers then you’re probably not interested in the product anyway and if you are a frequent screwdriver user you probably understand why it’s a good product.
That’s actually a very nice screwdriver. Nice ratchet screw drivers do cost that much. I have one, but given where LTT is these days as a company, I don’t recommend buying it.
I would be very happy if creators were able to fund their operations off their own merch rather than outside advertising. That seems to be what Gamers Nexus does, or at least heading that way. What LTT does, though, is use it as an additional revenue source on top of their other advertising sources. Doing it right means resisting the urge to consume more and more, and LTT is not capable of that.
I have a few gripes with LTT but the screwdriver is legit good. A bit overpriced because of the branding sure but definitely not a throwaway product
I used to think the importance of leadership at the top of a company to be overblown since they succeed based on the work of all of the employees, but it is pretty amazing how fast a change to shitty leadership can run a successful company into the ground.
I got that creepy feeling from him the first time I saw a video of him. Every photo of him I saw set off alarms. I’ve also never understood why anyone even likes the guy.
This was years before all the issues came to light.
Especially anything from NullDrive, they’re a very scummy group.
I have a built-in spidey sense that hates any product that gets peddled simultaneously by a bunch of YouTubers.
They whore for corpos, that’s who pays them
Some do good work but got to assume they are an enemy until proven otherwise.
A useful question to ask when hearing about a new company is “What’s your business model?”
“Where are they getting money to pay for sponsorships and what are their motivations”
There is no such thing as a free and benevolent product with an advertising budget.
Free and benevolent maybe not. but genuine and non malicious?
“What’s your business model?” “we make and sell delicious sandwiches. Customer buys the sandwich for a little mote than it costs to make so we get money for ourselves.” That isn’t a scam.
Correct. It’s not a scam. Because it’s not free. The sandwich had a price posted, you paid it, you received the product. Valid business model.
What would you think instead if you saw a NYT front page ad taken out for Free Sandwich Mart, the all-you-can-eat totally free sandwich emporium?
Or in this case, a free browser extension that paid to sponsor five thousand YouTube videos that promises to help you pay less money to every store you activate it on at no cost to you?
Yes. Which is why, when you see a novel service being advertised, it is a useful exercise to ask of them “What is your business model?”
Wikipedia
Show me a Wikipedia ad that they paid money for?
They have a budget spent on advertising on wikipedia itself, plus the cost of the emails they send out asking for donations.
Their advertisement budget is collected by guilt tripping Wikipedia users using the lie that the website would cease if they didn’t ”donate”.
Yes, their method of advertising/fundraising is atrocious. They still have an advertising budget and their product is benevolent and free.
I agree
Real as shit. I know idiots who think apple pays people scaling on how many downloads their app has xD (kinda like yt views)
