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  "documentTitle": "AppLovin (APP)",
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  "authorName": "Muddy Waters Research",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-05-07 00:00:00",
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  "notes": "The slide highlights a specific technical finding where a single token value (285035d2-4abf-4275-bd06-31ea02d6a9fe) is shared across different origins and token types.",
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      "kind": "callout",
      "text": "The value (in green) should not be the same—it should be unique to the user for each site visited.",
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      "text": "After PRR collected the data, it organized and sorted the records to identify various IDs being used and re-used to track users across domains and applications.",
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      "text": "PRR's expert analysis confirmed the existence and use of identifiers that persist across domains and applications sustained over an extended period. The value (green) of the three tokens (compass_random_token, art, alart) persist across e-commerce domains...",
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      "text": "Table showing http_time, type, http_origin, token_value, and http_host for various tracking events.",
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      "text": "APP Shares Persistent IDs Across Domains & Applications",
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