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Bloomberg Businessweek
US Retail Sales Slow Ahead of Holidays, But Remain Resilient
Nov 15, 2023
01:03:13
Snipd AI
US retail sales slow before holidays, President Biden's meeting with President Xi Jinping, private credit market concerns, AI-driven startup Egnyte, human smugglers using social media, SpaceX approval, positive stock market indicators, upcoming holiday season
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Quick takeaways
- Human smuggling networks are utilizing platforms like Snapchat and TikTok to recruit drivers, making it harder for law enforcement and tech companies to monitor and prevent these efforts effectively.
- Private credit relies on recruiting vulnerable individuals through social media platforms like Snapchat and TikTok, putting young drivers at risk and making it challenging to curb these activities.
Deep dives
Recruiting Migrant Smugglers through Social Media
Cartel-backed networks are using platforms like Snapchat and TikTok to recruit drivers to transport migrants across the US-Mexico border. Social media allows for greater efficiency in finding vulnerable individuals to carry out the risky task. The drivers, often young and impulsive, are enticed by the prospect of quick cash. However, law enforcement and tech companies face challenges in curtailing these activities due to limited resources and the veiled language used in posts by recruiters. The use of social media has made the recruitment process easier and more lucrative for human smuggling networks.
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