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[>] US FTC Sues Ticket Reseller For Evading Taylor Swift's Eras Tour Ticket Limits
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2025-08-19 12:22:01


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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[>] UK is Lagging Behind Rest of World in Tackling Big Tech, Says Fortnite Chief
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2025-08-19 16:22:01


Epic Games CEO Tim Sweeney told the Financial Times that the UK Competition and Markets Authority's December decision to delay mandating alternative app stores on iPhones was a "blunder" that leaves Britain "well behind" other jurisdictions.

The CMA postponed until next year whether to require Apple to allow third-party app stores or sideloading, unlike the EU's Digital Markets Act. Fortnite remains unavailable on UK iOS devices following Epic's years-long dispute over Apple's 30% commission fees. The regulator said it would prioritize forcing Apple and Google to allow alternative payment systems.

[ Read more of this story ]( https://news.slashdot.org/story/25/08/19/1123215/uk-is-lagging-behind-rest-of-world-in-tackling-big-tech-says-fortnite-chief?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

[>] MIT Report: 95% of Generative AI Pilots at Companies Are Failing
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2025-08-19 18:22:01


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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[>] Gates Funds $1 Million AI Alzheimer's Prize
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2025-08-19 19:22:02


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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