Archive for the ‘Email Spam’ Category

Social Media Spam: The New Bulk Email

June 19, 2009

The reason social media hasn’t become a bona fide sales channel is because the majority (if not all) of a social media’s audience at any one point in time – whether its Facebook, Linkedin or Twitter- are not buyers.

This hasn’t slowed the onslaught of social media spammers nor has it slowed them in their efforts to peddle wares to anyone who might be listening.

Social Media Spammers

Social Media Spammers

Pump and Dump Stock Promotion Schemes

September 13, 2006

Pink sheet stock promoters have found a new more efficient way for reaching the gullible and greedy – zombie spam.

According to an assistant professor of finance at Purdue Laura L. Frieder and Jonathan L. Zittrain professor of internet governance and regulation at the Oxford Internet Institute, “relationships between spammers and virus authors have caused millions of virus-infected personal computers to be harnessed as ‘zombies’ to send spam further lowering its cost.”

I met professor Zittrain while sailing the Queen Mary 2 from Southhampton to New York in the summer of 2005. I attended his University of Oxford continuing education series along with others including actor Richard Dreyfus. He showed me how to make a free voip phone call from the middle of the North Atlantic Ocean using Skype.

The professors have published a study: Spam Works: Evidence From Stock Touts and Corresponding Market Activity

Next time you receive a hot stock tip in your inbox, thank Bill Gates.