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  "documentTitle": "AppLovin (APP)",
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  "authorName": "Muddy Waters Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-05-07 00:00:00",
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  "notes": "The slide uses a network graph to visualize data tracking across domains.",
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      "text": "In other words, the data collected indicates use of persistent identifiers used to target and re-target users across domains and applications.",
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      "text": "Gephi Graph of Identifiers and Servers",
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      "text": "MUDDY WATERS RESEARCH",
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      "text": "Persistent ID value: 285035d2-a4bf-4275-bd06-31ea02d6a9fe\nE-commerce websites: drinkbrez.com, namacbd.com, mincebien.com, ilmakiage.com,\nAPP domains: sts.applovin.com, b.applovin, ms.applovin (offscreen at left)",
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      "text": "PRR's video presentation concludes with a Gephi graph visualization of identifiers and servers. The graph uses the captured APP data from our analysis and then visually maps the IDs, including persistent IDs, to show the web of data connections.",
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      "text": "Like the data analysis spreadsheet shown earlier, this illustrates how the synthetic PIG value is connected to multiple APP domains running mobile applications and web browsers viewing e-commerce sites.",
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