{ "docId": "019dd923-622c-750b-8b99-856ed0788e9a", "docSlug": "40e9e62f0249", "documentTitle": "PowerSchool Holdings, Inc. (PWSC)", "authorId": "54_Spruce_Point_Capital", "authorName": "Spruce Point Capital Management", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2024-04-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 63, "pageCount": 117, "prevPage": 62, "nextPage": 64, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 100, "notes": "The slide uses a 'villain' framing by contrasting state-level data with specific legal text to imply non-compliance by the target company.", "elementsJson": [ "headline_text", "data_table", "callout_box", "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b99-856ed0788e9a/63", "deckHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a", "deckJsonHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a#slide-63", "components": [ { "bbox": { "h": 0.05, "w": 0.9, "x": 0.05, "y": 0.17 }, "kind": "callout", "text": "Over half of states have laws prohibiting K-12 vendors from building profiles and targeting ads to students using student data.", "attrs": null, "subkind": "primary", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "844fe030-2ec4-4602-b1e6-06c8e528ec07", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "callout", "text": "We believe the law is very clear: operators of K-12 software platforms are PROHIBITED from using information gathered on their platform to build profiles on or target ads to students.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-fb92-756a-9da7-c8d4daf842f4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.52, "x": 0.44, "y": 0.23 }, "kind": "paragraph", "text": "We believe the law is very clear: operators of K-12 software platforms are PROHIBITED from using information gathered on their platform to build profiles on or target ads to students.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "02b61a5c-d3ca-4241-895d-dd01c6cf391d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.55, "w": 0.6, "x": 0.38, "y": 0.33 }, "kind": "paragraph", "text": "(a) For the purposes of this section, “operator” means the operator of an Internet Web site, online service, online application, or mobile application with actual knowledge that the site, service, or application is used primarily for K-12 school purposes and was designed and marketed for K-12 school purposes. (b) An operator shall not knowingly engage in any of the following activities with respect to their site, service, or application: (1) (A) Engage in targeted advertising on the operator’s site, service, or application, or (B) target advertising on any other site, service, or application when the targeting of the advertising is based upon any information, including covered information and persistent unique identifiers, that the operator has acquired because of the use of that operator’s site, service, or application described in subdivision (a). (2) Use information, including persistent unique identifiers, created or gathered by the operator’s site, service, or application, to amass a profile about a K-12 student except in furtherance of K-12 school purposes.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8977aa96-9e2f-4650-b597-4f848deb9aec", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "(a) For the purposes of this section, “operator” means the operator of an Internet Web site, online service, online application, or mobile application with actual knowledge that the site, service, or application is used primarily for K-12 school purposes and was designed and marketed for K-12 school purposes. (b) An operator shall not knowingly engage in any of the following activities with respect to their site, service, or application: (1) (A) Engage in targeted advertising on the operator’s site, service, or application, or (B) target advertising on any other site, service, or application when the targeting of the advertising is based upon any information, including covered information and persistent unique identifiers, that the operator has acquired because of the use of that operator’s site, service, or application described in subdivision (a). (2) Use information, including persistent unique identifiers, created or gathered by the operator’s site, service, or application, to amass a profile about a K-12 student except in furtherance of K-12 school purposes. — California SOPIPA Language", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-fb92-756a-9da7-cf1b962009f3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.4, "x": 0.05, "y": 0.97 }, "kind": "source-note", "text": "Source: Appendix: California SOPIPA Language, Appendix: SOPIPA Law Sources", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ff56f332-f510-44db-a4c8-e50778756bce", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.7, "w": 0.24, "x": 0.05, "y": 0.23 }, "kind": "table", "text": "State-by-state list of SOPIPA adoption and targeted ad prohibition status.", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "98404161-b20b-49ef-a19b-550fe7d64802", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.6, "x": 0.33, "y": 0.05 }, "kind": "title", "text": "Over Half of States Prohibit Targeting K-12 Students Using Their Own Data", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1da1b812-d816-4980-b9de-36bdf5e22ee5", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "6c8fbe55-80dc-4397-8720-6d8cc3d0b702", "evidence": "Contrasting legal text with implied business practices to suggest illegality.", "confidence": 0.9 } ], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }