Taylor Swift concert fiasco leads to U.S. Senate grilling for Ticketmaster

WASHINGTON, Jan 24 (Reuters) – US senators slammed Live Nation Entertainment’s lack of transparency and inability to block bot purchases of tickets on Tuesday, in a hearing called after a major fiasco involving ticket sales for Taylor Swift’s upcoming concert tour. Live Nation Entertainment Inc (LYV.N) subsidiary Ticketmaster, which has been unpopular with fans for … Read more

Sacklers to pay $6 billion to settle Purdue opioid lawsuits

March 3 (Reuters) – The Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to $6 billion in cash to resolve widespread litigation alleging that they fueled the US opioid epidemic, bringing the OxyContin maker closer to exiting bankruptcy. The attorneys general for eight states … Read more

Harvard professor convicted by U.S. jury of lying about China ties

BOSTON, Dec 21 (Reuters) – A Harvard University professor was convicted Tuesday on US charges of lying about his ties to a Chinese-run recruitment program in a widely-followed case stemming from a crackdown on Chinese influence within American research. A federal jury in Boston found Charles Lieber, a renowned nanoscientist and former chair of Harvard’s … Read more

Italy fines Amazon record $1.3 bln for abuse of market dominance

Amazon abused the domain of the brokerage service -watchdog Amazon disagrees with the regulator’s decision to appeal Amazon says fine ‘unjustified and disproportionate’ MILAN, Dec 9 (Reuters) – Italy’s antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($ 1.28 billion) for alleged abuse of market dominance, in one of the largest … Read more