This chapter explores how smuggling networks utilize social media platforms like Snapchat and TikTok to recruit vulnerable individuals, highlighting the intersection of technology, criminal activity, and exploitation. It discusses the case of a young man recruited on Snapchat and emphasizes the targeting of financially struggling individuals. The chapter also addresses the challenges faced by law enforcement and tech companies in addressing this issue.
Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Senior Retail Staples & Packaged Food Analyst Jennifer Bartashus break down October retail sales data and talk about Target and TJX earnings. Bloomberg Economics Chief Economist Tom Orlik and Dexter “Tiff” Roberts, Director of China Affairs at the University of Montana, discuss President Biden’s meeting with President Xi Jinping of China. Christina Padgett, Head of Leveraged Finance Research and Analytics at Moody’s, shares her thoughts on the private credit market. Vineet Jain, CEO of Egnyte, talks about the AI-driven startup that makes data governance and collaboration software. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Julia Love provide the details of Julia's Businessweek Magazine story Human Smugglers Lure New Generation of Coyotes Over Social Media. And we Drive to the Close with Abhay Deshpande, Founder and CIO at Centerstone Investors.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.