-
亞歷克斯・博迪獲任命為 SCANDIC FINANCE 集團副總裁
-
Алекса Боді призначено віцепрезидентом групи SCANDIC FINANCE
-
Алекс Боди назначен вице-президентом группы SCANDIC FINANCE
-
Alex Bodi appointed Vice President of SCANDIC FINANCE GROUP
-
Alex Bodi, numit vicepreședinte al grupului SCANDIC FINANCE
-
Yealink Summit Addresses AI Governance and Workplace Trust
-
Essential Baking Tools for Christmas Cookie Perfection
-
Elon Musk jokes about moving businesses to space after US midterms
-
West Mercia Police opens 2027 cadet applications to Worcestershire teenagers
-
NHS to test blood screening designed to detect 13 cancers earlier
-
Worcestershire road closures announced for Remembrance Sunday events
-
Democrats near House takeover as voters judge Trump presidency
-
UBC professor describes police call after Galloway remark as act of care
-
Lethbridge submits interest in provincial ground ambulance contract
-
False voting claims spread rapidly during US Election Day
-
The Cat in the Hat expands its stakes to cosmic scale in animated reboot
-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Physicist Claims Alberta Data Center Releases Energy of 23 Atomic Bombs Daily
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Jordan Bardella's Wealth and Financial Transparency Under Scrutiny
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
DataMEDS AI Signs MOU to Deploy Health Lives Here GLP-1 Patient Management Program with Florida-Based HMO
-
Sibannac CEO Exchanges Common Shares for Series D Preferred
-
BlueFuture Aquatics, Inc. (Formerly NaturalShrimp) Announces Support for the Administration's America First Seafood Strategy
-
Glo Tanning Opens in Tempe With Red Light Therapy, Skincare and More
-
Strategic Metals Ltd. Announces Acquisition of Control and Direction of Additional Securities of GGL Resources Corp.
-
Caledonia Mining Corporation Plc: Caledonia Group Signs US$150 Million Interim Financing Facilities Agreement to Support Construction of the Bilboes Gold Project
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 05
-
How to Make the Most of a Boat Rental Vacation
-
Best Rated Gold IRA Companies 2026 for US Consumers Rankings Released by Experts
-
Clarity Tax Relief Publishes Analysis of the 2025 IRS Data Book Collection Figures
-
Ryde Signs Strategic MOU with Dimension AI to Explore US$278 Million Three-Year GPU-as-a-Service Collaboration
-
Silver Storm to Present at the 2026 Precious Metals Summit Zurich Conference
-
Euro Stablecoins Added $263 Million in a Year, Up 54%, While Dollar Supply Fell, DIA Study Finds
-
Gold Terra Announces 6.61 g/t Gold over 7.35 Metres Including 31.6 g/t Gold over 1.1 Metres on the Campbell Shear Zone 103N Extension, Con Mine, Yellowknife, NWT
-
Cognitum One Unveils MetaLLM, Self-Improving Model Control Plane for AI Agent Swarms
-
FireFox Gold Drills 6.15m at 4.10 g/t Gold at Gabbro Target, Further Expanding Gold Footprint at Mustajärvi Project, Lapland, Finland
-
Quebec Selects NiobiumX's Shipshaw Carbonatite as One of Five for Detailed Study; NiobiumX Announces Private Placement of Flow-Through Units
-
U.S. Navy Contracts with CORAS.ai to Advance Program Execution, Readiness, and Decision Intelligence
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
Ticketmaster blames cyberattack for Taylor Swift tour debacle
US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor Swift's US tour, it told lawmakers on Tuesday as it apologized to the pop superstar and her fans.
Critics have long accused the company of being a monopoly, but fan outrage boiled over in November as website outages left thousands of "Swifties" who had been hoping to catch the 33-year-old "Bad Blood" singer's Eras tour empty-handed.
Joe Berchtold, the president of parent company Live Nation, told the Senate Judiciary Committee the meltdown came after the website was "hit with three times the amount of bot traffic than we had ever experienced."
"While the bots failed to penetrate our systems or acquire any tickets, the attack required us to slow down and even pause our sales," he said.
Ticketmaster immediately became a focus of Swifty fury, while members of Congress accused it of anti-competitive practices and called for curbs on its dominance -- or even for the company to be broken up.
Apologizing to the 11-time Grammy Award-winner and her fans, Berchtold told senators an "ever-escalating arms race" had sprung up between ticketing companies and "industrial scalpers, using bots and cyberattacks" to illegally obtain tickets for resale.
"In hindsight, there are several things we could have done better. And let me be clear that Ticketmaster accepts its responsibility as being the first line of defense in spots in our industry as ever-escalating arms race," he testified.
The cyberattack disclosure did not take the heat off of the company, however.
Witnesses also included outspoken Ticketmaster critic and musician Clyde Lawrence -- whose band "Lawrence" included the line "Live Nation is a monopoly" in its 2021 song "False Alarms."
- '800-pound gorilla' -
He said Live Nation's triple role owning the venue, financing the show and selling the tickets for gigs gave it outsized power when negotiating with artists.
"If they want to take 10 percent of the revenues and call it a facility fee, they can, and have. If they want to charge $30,000 for (rent], they can and have. If they want to charge us $250 for a stack of clean towels, they can, and have," he said.
Democratic Senator Richard Blumenthal offered Live Nation a tongue-in-cheek congratulations for uniting both sides of the political divide on the issue.
"May I suggest, respectfully, that unfortunately your approach today in this hearing is going to solidify that cooperation," he said, accusing the company of blaming "everyone but us" for its shortcomings, despite being "the 800-pound gorilla here."
Government estimates put Ticketmaster's market share as high as 80 percent, although the company says the figure is closer to 60 percent.
Live Nation denies monopoly allegations and said in a November statement it "does not engage in behaviors that could justify antitrust litigation, let alone orders that would require it to alter fundamental business practices."
Swift was not in the US Capitol as senators grilled the witnesses, but a handful of her fans gathered in front of the building to denounce the platform's actions.
Ticketmaster is "controlling the industry in a way that makes it completely unfair to consumers," said Jennifer Kinder, 56, an attorney from Dallas who represents Swift fans.
"We're really hopeful with this hearing... Swifty fans are not going away until Ticketmaster is changed."
P.Hernandez--AT