I dunno, I stopped a while back, it wasn't hard really. I've also heard that while they are usually fine with regular sums of money they are not to be trusted with large sums. Just word of mouth an I've got no proof but it put me off.
There are some examples of buyers exploiting the returns policy for expensive items. The buyer initiates a return of item but never sends it, gets item and refund.
This isn't anything new. Brave browser does this, ad hijacking is a common thing. Many companies have been doing this for years, why is it only coming up now?
They're one of the largest tech media companies and deliberately chose to sweep this under the rug instead of reporting on it. Then they took sponsorships from Karma, which is a competitor to Honey that does the exact same thing.
See also: RayCons headphones, which appear to be unilaterally bullshit but were on absolutely every video for a couple of months, touted as being the very best.
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.
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.
I think what was truly surprising is that they were bought for 4 billion.That much money for... basically an out and out scam. Paypal is that sure that it's:
I never trusted Honey to begin with but this goes far deeper than I ever expected. I always wondered "yeah, but where do they get their money?" I always figured it was just a way to take people's data and sell it to data brokers (which they probably also do, let's be honest) but this is just blatant fraud. Stealing affiliate money from links and having companies pay them to purposefully give out worse coupon codes is just devious through and through. It's basically free money and everybody else, whether influencer or consumer, get fucked over in the process.
Only shopping plugin I use is the one that comes with Edge. Surprisingly good to track price history and find other sites selling the product. I considered some Chrome plugin that displays an Amazon product's country of origin to avoid Chinesium but apparently it didn't work well or something like that from reading the reviews. Had some attached rewards function for shopping with it, ick.
I use this extension to get a general idea of whether a product usually goes for cheaper and whether or not to wait. Really conveniently on the Amazon page directly.
I always assumed it was a combination of your guess and companies giving Honey special coupon codes so consumers are more eager to spend.
"Hey Honey, we'll give you 1% commission if you just host this HONEY5 coupon for 5% off."
That was my impression when I used it once. Wasn't worth having an extension just for a slight discount. Love when a company doesn't fulfill the service they advertise.
But that would be an ethical business model, we can't have that, this is PayPal and this is the internet. There's no place for ethics in that combination.
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?
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.
If only they had some medium to post the information, perhaps a medium that that VAST MAJORITY of their viewers use.
“But the plans were on display…”
“On display? I eventually had to go down to the cellar to find them.”
“That’s the display department.”
“With a flashlight.”
“Ah, well, the lights had probably gone.”
“So had the stairs.”
“But look, you found the notice, didn’t you?”
“Yes,” said Arthur, “yes I did. It was on display in the bottom of a locked filing cabinet stuck in a disused lavatory with a sign on the door saying ‘Beware of the Leopard.”
Their complaint was that honey inserted their affiliate cookie even when they didn't find a coupon code for you. I doubt they knew the full extent of the scam.
Plus, we don't know what was in their contract with honey. They could still be subject to a non-disparagement clause.
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.
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.
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.
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.
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.
Same person that said ad blocking was the same as piracy.
edit: People downvoting me like I disagreed with him. Just saying how he looks at it. I think it’s a bit of a false dichotomy but they are definitely similar.
They are similar only if you presume there is an agreement of content in exchange for revenue from adverts. If you view the internet as a place for open collaboration, or oppose (internet) advertisement, then you wouldn't presume that agreement and it looks very different.
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.
It is. Taking from a service without paying for it, and actively avoiding the service making money via advertising is basically the same as watching a film without paying for it.
Both ways, you consumed a service and the people providing it got nothing, but it cost them something to create and provide it.
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.
And even if you can tell what the product is, it‘s still often you. “Premium” subscriptions for example might hide (some) ads, but services still collect as much data about you. Even grocery stores where the offer seems obvious are trying to bait you into installing their apps to collect data on top of charging you for every item. And sure it’s not relevant in this case, but it’s something we should never forget.
Yeah, I feel like that's usually a very accurate saying, but it doesn't really work with a lot of open source projects.
I hate that you're getting downvoted by so many people who don't realize you're pointing out an exception to the rule, and instead think you have some fundamental misunderstanding about how Linux works.
The key difference is linux wants you to help make it better. Something like Honey steals your data, and steals money from others, and then wants you to make it better.
I used honey for a while and it was working great for me with "exclusive" coupons and Cashback and then one time I bough a cellphone that was supposed to have $250 cashback. I did all the necessary steps, read the t&c, took screenshots of the offer and made the purchase. I never got the transaction to appear on their website. Sending emails it trying to contact them was futile (I even made an automatic script to send an email everyday to follow up). Fuck PayPal
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.
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.
In certain countries they fall under quasi-bank regulations eg. "PayPal Australia Pty Ltd (PayPal) is a limited Authorised Deposit-Taking Institution (ADI) with authority to provide purchased payment facilities (PPFs)."
That gives some measure of protection on how they handle your funds, but holy shit I would not keep any money in a PayPal account for any longer than absolutely necessary. I use it as a convenient intermediary between my actual card and sellers, no more than that.
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.
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.
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.
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.
Pretty sure this was already posted yesterday when it came out. Or it might have been a different community.
Watching the full video is important though because they are scamming the consumer too, not just """influencers""". Someone made a great comment about how it's just one greedy troll stealing from another and has no effect on the consumer since they still save money but Honey not actually giving you the best coupons on purpose is next level dickholery.
Lying about the coupons really should be the focus so people stop harming themselves using Honey.
I used Honey before thr PayPal purchase and it did have working discount codes, as well as a cashback thing that I redeemed a couple times. But I haven't had any codes work for a long time.
I don't have any love for influencers but they have the right to make money IMO, and it's completely shitty behavior for honey to be taking that away from them.
It's also kind of a protection racket against shops. "Partner with us or we'll cut into your profits by spreading cheap coupon codes, but partner with us and we'll protect you"
I never use affiliate links AND I don't bother looking for coupons (let's be honest, who does?) so I don't give a crap, every now and then I'm saving money without taking it from anyone 🤷
idk, I find the coupon thing to be super easy. Just takes one search and maybe two clicks if you have ad blockers on. Mostly the only time is if I'm ordering something like pizza for a get together where no special applies. There's a local chain in my state that had a coupon code for half off my order that wasn't listed on their site (they might've given it to me if I called but who knows). Been using that for the past year and it allows me to convince everyone to go there instead of a national chain. I've also been lucky with some manufacturers coupons for products I'm ordering straight from them, it's more rare though so it's hit or miss sometimes.
I just look up price trends and that’s pretty much it for me too. Coupons rarely ever worked for me in the early days of e-commerce so I quickly stopped bothering.
At this point, anything these goons "influencers" try to sell me on is a scam, and I'll avoid it at all costs. People do insane things for money. Just watched a coffeezilla video on the CSGO gambling scam and holy shit, people are straight up heartless and have no humanity in them.
I guess most people don’t have much knowledge about affiliate link URLs and how easily they can be rewritten to shift where the commission goes. I implemented SkimLinks on a hunch of websites so I’ve seen it before. Forum owners used to get upset about anyone posting product links in their comments because they night include an affiliate code. SkimLinks adds JavaScript to every page that rewrites those codes to the forum owner’s personal account. It will even insert an affiliate code into basic Amazon links that don’t have one. Once this came out, forums went a lot easier on Amazon links.
After seeing all this, the second I spot a browser extension that wants to get between me and Amazon, I immediately assume they will rewrite all the links for their own benefit. Otherwise what’s in it for them? This news isn’t much of a surprise.
LTT… toilet flushing! I had no expectations of paypal. To my shame I used them in the past,but deleted my account after reading how scummy they are. fuck paypal and anything affiliated with them.
I am so disconnected from this influencer thing that I first heard about Honey when news were pushing that it was a scam. I'm just living under a rock and sometimes that saves my butt, I guess.
They sponsored a podcast that I listen to, and that's how I heard about it. I don't buy stuff online often enough for it to be useful, though, and I'm wary about installing stuff like that anyway.
I don't really wanna watch a video... but how do you "steal" affiliate links or coupon codes?
If you are doing affiliate marketing for a company and they give you a coupon code for 10% off called GET10OFF and that code gets used, the affiliate marketer gets the sale no matter where they got that code from?
He says that when you click on an affiliate link, a cookie gets stored on your browser that lasts for 30 days, saying that the source should get the commission for your purchase. Honey has a popup in checkout, even when there are no codes, with a big "Got It" button to close the popup. Clicking the Got It button replaces the old cookie with a Honey cookie, giving the commission from your purchase to them instead of your source.
I've slept since I watched and am not great with tech, but iirc the link with the affiliate code when clicked takes you to the site. Then honey has a pop up that, when clicked, replaces the link with their own, swiping the commission. Hope that makes sense - most people likely would not catch it. The Linus tech tips was used as an example of even a tech channel with lots of employees taking quite a while to notice themselves, and even when they did, it wasn't quite conclusive for some reason?
Another thing the video touched on is that honey would claim to search for coupons but often opt to show what the partnered companies want. So, could be there's a coupon for 50% but they only show 10%.
Ah gotcha. So what I said about coupon codes would be valid, but affiliate links are different than the coupon codes. Also crazy they hide bigger discounts.
Edit: But I guess they could find a company offering a coupon code, then sign up themselves knowing it's an option now, and then show that code instead.