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Marketplace All-in-One

Telegram, free speech and illegal activities

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 26 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Over the weekend, French authorities arrested the 39-year-old founder of the messaging app Telegram. This reportedly has to do with a wide-ranging investigation into illegal activity on the app. But some are decrying the arrest as a free speech violation – saying it threatens the very essence of what makes Telegram useful. We dig in. Plus, an eco-friendly concert and a look at how bond markets are responding to signals of interest rate cuts.

Transcript

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0:00.0

The Business Behind Telegram with its founder now under arrest.

0:05.0

I'm David Brancaccio in New York.

0:08.0

Over the weekend, French authorities arrested the 39-year-old billionaire founder of the messaging app

0:13.8

Telegram amid what's reported to be a wide-ranging investigation into

0:18.2

criminal activity on the app.

0:20.2

Telegram transmits a lot of toxic and dangerous stuff, but it has many legitimate uses.

0:25.1

Marketplace's Nova Safo reports.

0:27.1

Telegram is a privately held company located in Dubai, so its activities are opaque with no regulatory disclosures required.

0:36.3

It claims to have nearly a billion active monthly users and is a key source of information

0:41.6

in some countries.

0:43.0

Telegram is said to have just a few dozen employees

0:46.7

and very low operating costs

0:48.8

thanks to its light touch on content moderation.

0:52.1

That's by design.

0:53.2

Telegram says its founder,

0:54.7

Pavel Duraov created the messaging app

0:56.8

after leaving Russia in 2014,

0:59.9

where he'd faced government pressure

1:01.5

to turn over data about Ukrainian protesters.

1:05.0

Telegram is an encrypted messaging app, but has social media components and recently

1:09.9

added elements such as advertising, as well as features to encourage a creator economy

1:15.1

on its platform.

...

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