The U.S. Federal Trade Commission sued ticket reseller Key Investment Group for evading purchasing limits to buy up thousands of tickets to live events including Taylor Swift's Eras tour and resell them at a markup, according to a complaint filed in Maryland federal court on Monday. From a report: The Baltimore, Maryland-based company, which operates ticket resale sites including TotalTickets.com, used thousands of Ticketmaster accounts, including fake or purchased accounts, the FTC said.

Ticketmaster faced intense criticism after its botched 2022 sale of tickets to Swift's much-hyped Eras tour, when billions of requests from Swift fans, bots and ticket resellers overwhelmed its website and the company canceled a planned ticket sale to the general public.

For one Swift concert in Las Vegas in March 2023, Key Investment Group and its affiliates used 49 different accounts to purchase 273 tickets and evade a 6-ticket purchase limit, netting more than $119,000 in revenue on resales, the FTC said on Monday. The company made more than $1.2 million reselling 2,280 Swift concert tickets it purchased in 2023, the agency said.

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The GenAI Divide: State of AI in Business 2025, a new report published by MIT's NANDA initiative, reveals that while generative AI holds promise for enterprises, most initiatives to drive rapid revenue growth are falling flat. Fortune: Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L. The research -- based on 150 interviews with leaders, a survey of 350 employees, and an analysis of 300 public AI deployments -- paints a clear divide between success stories and stalled projects.

To unpack these findings, I spoke with Aditya Challapally, the lead author of the report, and a research contributor to project NANDA at MIT. "Some large companies' pilots and younger startups are really excelling with generative AI," Challapally said. Startups led by 19- or 20-year-olds, for example, "have seen revenues jump from zero to $20 million in a year," he said. "It's because they pick one pain point, execute well, and partner smartly with companies who use their tools," he added.

But for 95% of companies in the dataset, generative AI implementation is falling short. The core issue? Not the quality of the AI models, but the "learning gap" for both tools and organizations. While executives often blame regulation or model performance, MIT's research points to flawed enterprise integration. Generic tools like ChatGPT excel for individuals because of their flexibility, but they stall in enterprise use since they don't learn from or adapt to workflows, Challapally explained.

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Bill Gates is funding a $1 million competition to spur the use of AI to find innovative treatments for Alzheimer's disease, the latest effort to deploy the promising technology to find cures for humanity's toughest illnesses. From a report: The Alzheimer's Insights AI prize will be awarded to the team that comes up with the most original way to program AI-powered agents that are "capable of independent planning, reasoning, and action to accelerate breakthrough discoveries from existing Alzheimer's data." Â

The winning tool will be released for free on the Alzheimer's Disease Data Initiative's cloud "workbench" to be used by scientists globally, the organisation said on Tuesday. The prize is being financed by Gates Ventures, the family office of the billionaire philanthropist and Microsoft co-founder.

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Global fertility rates have fallen from five children per woman in the mid-twentieth century to 2.2 today, with approximately half of countries now below the 2.1 replacement threshold, according to data from the Institute for Health Metrics and Evaluation at the University of Washington.

Mexico's rate dropped from seven children in 1970 to 1.6 in 2023. South Korea recorded 0.75 in 2024, down from 4.5 in 1970. The IHME projects over three-quarters of countries will fall below replacement level by 2050. A UN survey of 14,000 people across 14 countries found 39% cited financial limitations as a primary reason for not having children. China's population peaked around 2022 at 1.4 billion, while the U.S. Census Bureau predicts America's population will peak in 2080 at 370 million.

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Microsoft has removed the ability to disable automatic app updates in the Microsoft Store, according to screenshots from Deskmodder.de. Windows users can now only pause updates for one to five weeks. The Registry tweak that previously allowed users to modify update behavior has been removed. Group Policy editor remains the sole method for creating update exemptions on workstations and enterprise systems, but this tool is unavailable in Windows Home editions. The change is being deployed gradually to all Windows users. Microsoft has not commented on the modification, which affects all apps distributed through the Microsoft Store including both UWP and Win32 applications added in 2024.

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Meta announced today that it is splitting its Meta Superintelligence Labs into four divisions focused on AI research, superintelligence development, products, and infrastructure. The reorganization accompanies potential downsizing of the AI division's thousands of employees and executive departures, according to New York Times.

Vice President of Generative AI Loredana Crisan is expected to announce her departure Tuesday. The company is exploring third-party AI models for its products rather than relying solely on internal technology. Chief AI Officer Alexandr Wang's team has abandoned Meta's previous frontier model Behemoth and is developing a new model from scratch, the report added.

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Matt Garman, Amazon's cloud boss, has a warning for business leaders rushing to swap workers for AI: Don't ditch your junior employees. From a report: The Amazon Web Services CEO said on an episode of the "Matthew Berman" podcast published Tuesday that replacing entry-level staff with AI tools is "one of the dumbest things I've ever heard."

"They're probably the least expensive employees you have. They're the most leaned into your AI tools," he said. "How's that going to work when you go like 10 years in the future and you have no one that has built up or learned anything?" Garman said companies should keep hiring graduates and teaching them how to build software, break down problems, and adopt best practices.

He also said the most valuable skills in an AI-driven economy aren't tied to any one college degree. "If you spend all of your time learning one specific thing and you're like, 'That's the thing I'm going to be expert at for the next 30 years,' I can promise you that's not going to be valuable 30 years from now," he said.

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Kyte, a rental car startup once touted as a modern alternative to Hertz, has shut down after years of rapid growth followed by mounting financial troubles. From a report: Founded in 2017, the San Francisco company built its brand by delivering rental cars directly to customers' doors, eliminating the paperwork and long waits of traditional counters. At its peak, Kyte operated in 14 U.S. cities, managed a fleet of more than 2,000 vehicles and raised nearly $300 million from backers including Goldman Sachs and Ares Management.

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An anonymous reader shares a report: After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The so-called Frontier Stable Token (FRNT), marking the first time a U.S. state has issued a blockchain-based, fiat-pegged token meant to be used by retail and enterprises alike, according to an announcement on Tuesday.

"FRNT is designed to provide secure, transparent, and efficient digital transactions for individuals, businesses, and institutions -- worldwide," the commission wrote in a statement. "This groundbreaking initiative cements Wyoming at the forefront of digital finance and blockchain innovation."

Indeed, the Cowboy State has long been ahead of the curve when it comes to crypto regulation, including in recognizing DAOs as legal entities, creating a framework for "crypto-banks" under the Special Purpose Depository Institutions charter, and passing the state's Stable Token Act -- all meant to draw economic activity to the region.

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Google's AI Overviews has returned fraudulent customer service phone numbers in multiple reported incidents.

A Reddit user reported their friend received a fake number when searching "Swiggy [an Indian food delivery firm] customer care number," leading to attempted screen-sharing and money request scams. Facebook user Alex Rivlin encountered scammers after searching "royal caribbean customer service phone number 24 hours usa." The fraudulent representative requested credit card information before Rivlin detected the scam. Google said it is "aware" of the issue and has "taken action" against identified numbers. The company stated it is working to "improve results."

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Pakistan's internet connectivity dropped to 20% of normal levels Tuesday, affecting the country's 116 million internet users, according to NetBlocks. The outage primarily impacted backbone operator PTCL. It's unclear what caused the outage. The Wireless and Internet Service Providers Association of Pakistan noted the date coincided with a similar collapse in 2022. Pakistan suffered $1.62 billion in economic losses from internet disruptions in 2024, the highest globally. The country confirmed installing a national internet firewall months earlier.

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Electricity prices have increased at more than double the inflation rate over the past year, according to NPR reporting. Florida Power & Light customers face monthly bills exceeding $400 during summer months, prompting the utility to seek a 13% rate increase over four years that drew tens of thousands of petition signatures in opposition.

The Energy Department projects data centers will consume more electricity than residential customers for the first time in 2026. Natural gas costs for power generation rose 40% in the first half of 2025 compared to 2024, and the department expects another 17% increase next year. Natural gas generates more than 40% of U.S. electricity. One in six households currently struggles to pay electric bills. The federal government provides $4 billion annually in energy assistance for low-income families.

Further reading: Big Tech's AI Data Centers Are Driving Up Electricity Bills for Everyone.

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