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Transcripts for CNN CNN Newsroom 20240604 15:18:00

tonight, the house select committee on china is doing to hold the first hearing on threat that china poses to u.s. it is coming at a time when the tensions are high between the two nations, the war in ukraine and use of the chinese social media platform tiktok. i am joined by democratic representative jak e auchincloss, and i am curious if there is a united house? yes, this generation is going to rise above the day in, day out politics, and have a strategy.

Transcripts for CNN CNN Newsroom 20240604 15:23:00

information so that other nations could prepare their own bio, chemical policies, they failed to share norms than russia or iran. they have been a bad actor in terms of global public health. it is really unacceptable nation of 1.4 billion. finally, tiktok, there is talk of banning it from federal agencies, and for folks at home who have it at home on their phones, and kids who use it, and god knows millions of them. would you recommend they delete it from the home phone because of a privacy or security threat? i have two kids at home and my view is that there should be

Transcripts for BBCNEWS Talking Business 20240604 01:30:15

Need more money? How about a side hustle? Aaron Heslehurst talks to two people who have successfully turned their side hustles into new businesses. [S]

Transcripts for BBCNEWS Talking Business 20240604 01:42:00

what are often scams, or at least deceptively touted business schemes. it s almost impossible to scroll tiktok or youtube without seeing tremendous content that has taglines like, earn $1000 a day, earn money while you sleep . this get rich quick scheme is not new but it is particularly pervasive in social media. recent studies have also shown that again, criminals know this. and gen z consumers in particular have stated that they are more likely to go to things like youtube or tiktok for their financial advice. so, when we have criminals who know this, who are becoming more sophisticated and constantly changing the way that they target certain populations, it is unfortunately going to keep being effective. so, that said, erin, what are some of the red flags people should look for? so, some of the most common schemes that we ve seen can really range.

Transcripts for BBCNEWS Talking Business 20240604 01:41:00

yeah, thanks, aaron, so definitely, there are more scams. i think that we really saw an increase in 2020 of course, this was during a global pandemic. people were home, they were spending more time on social media, scanning the internet, and it really created a fertile ground for criminals to design and target schemes that were just designed to steal people s money and unfortunately, it was quite effective and so, we had this fertile ground that was created in 2020 and in the past year we have seen costs increasing tremendously for consumers all over the world due to things like inflation, housing prices rising, jobs are more competitive and consumers have really felt the pressure more recently to feel like they need to find more money. and this, again, combined with the criminals who are paying attention to these trends they know what s going on they are constantly morphing and changing their scams in ways that are more effectively going to steal your money. wow. another thing t

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