Tag Archives: fiasco

Ticketmaster ripped in Congress after Taylor Swift fiasco

Ticketmaster ripped in Congress after Taylor Swift fiasco

Congress is saying “I Knew You Were Trouble” to Live Nation Entertainment (LYV). Capitol Hill ramped up its fight against the parent company of Ticketmaster during a Senate Judiciary Committee hearing on Tuesday following November’s fiasco with Taylor Swift concert tickets. The hearing included testimony from high-profile witnesses such as Live Nation Entertainment President and CFO Joe Berchtold, SeatGeek CEO Jack Groetzinger, and JAM Productions CEO and President Jerry Mickelson, among… Source link

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Congress doubles down fight against Live Nation after Taylor Swift ticketing fiasco

Congress doubles down fight against Live Nation after Taylor Swift ticketing fiasco

Congress is ramping up its fight against Ticketmaster’s parent company, Live Nation Entertainment (LYV), following last month’s Taylor Swift ticketing fiasco. On Tuesday, the House Energy and Commerce Committee wrote a letter addressed to Live Nation CEO, Michael Rapino. It requested a rundown of Live Nation’s ticketing process for Swift’s “Eras” tour, in addition to a list of actions the company has since taken to ensure consumers can better access live entertainment. The letter also asked… Source link

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Crypto.com’s errant $405M transaction triggers investors after FTX fiasco

Crypto.com’s errant $405M transaction triggers investors after FTX fiasco

Crypto exchange Crypto.com is under the microscope after sending $405 million to the wrong recipient, raising alarm bells among crypto watchers after the whirlwind unraveling this week of competitor exchange FTX, which filed for bankruptcy on Friday. Some crypto watchers scrutinizing the transaction speculated it was an attempt to fluff trading volumes. Complicating the hoopla, the analyst who first caught the transaction turned out to be an employee of rival exchange, Coinbase. It also… Source link

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China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

Chinese ride-hailing giant Didi Global will start trading on the over-the-counter market (OTC) on Monday, more than two weeks after its shareholders voted to delist the company from the New York Stock Exchange (NYSE) where it raised US$4.4 billion last year in a public listing that angered Beijing. That move was announced on Friday in the US by Chicago-based Options Clearing Corp, the world’s largest equity derivatives clearing house, which said the Chinese firm’s trading symbol will change… Source link

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Lessons on Antonio Brown’s vaccine fiasco

Antonio Brown taught us a few things last week. First, COVID-19 vaccination cards are nowhere near the foolproof passport we’ve treated them to be.  Second, if someone is determined to refuse a mandate to get a shot, obtaining some slick documentation to evade it isn’t that hard.  Third — and this was the detail that undercut Brown and two other players in the NFL’s investigation — eliminating loose strings in your story goes a long way toward “misrepresenting” your vaccination… Source link

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Trump’s claim that the election was stolen is a ‘fiasco for our democracy’: Marty Baron

The editor Marty Baron was famously portrayed by Liev Schreiber in the movie “Spotlight,” which chronicles The Boston Globe’s exposure of pervasive abuse by Catholic priests. After leaving The Globe, Baron began another difficult assignment: leading The Washington Post during Donald Trump’s tumultuous presidency. His time at the helm of the paper ended with his retirement in February. In an interview this week for Influencers with Andy Serwer, Baron reflected on Trump’s legacies on the… Source link

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