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FTC sues ticket reseller, saying it illegally exceeded purchase limits for Taylor Swift, other shows

FTC sues ticket reseller, saying it illegally exceeded purchase limits for Taylor Swift, other shows

The U.S. Federal Trade Commission filed a lawsuit Monday against a ticket broker, alleging the company used illegal tactics to exceed purchasing limits for popular events and then resold tickets at significantly higher prices.
In a lawsuit filed in federal court in Maryland, the FTC said Maryland-based ticket broker Key Investment Group has used thousands of fictitious Ticketmaster accounts and other methods to buy tickets for events, including Taylor Swift's Eras Tour .
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EliseAI raises $250 million in a16z-led round to expand in healthcare
EliseAI raises $250 million in a16z-led round to expand in healthcare

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EliseAI raises $250 million in a16z-led round to expand in healthcare

By Krystal Hu (Reuters) -Enterprise software maker EliseAI has raised $250 million in a Series E funding round to expand its automation tools for the healthcare and housing industries, the company told Reuters. The latest funding values the company at over $2.2 billion, doubling its valuation from about a year ago. Venture capital firm Andreessen Horowitz led the round, with participation from Bessemer Venture Partners and existing investors such as Sapphire Ventures. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership The New York-based company, which builds AI to automate customer service and operations, said it surpassed $100 million in annual recurring revenue (ARR) earlier this year. The fresh capital will be used to fuel product innovation and double its roughly 300-person team over the next year, its CEO Minna Song told Reuters in an interview, with hiring plans across offices in New York, San Francisco, Boston and Chicago. The funding highlights investor appetite for so-called vertical AI companies that build deeply integrated, industry-specific solutions rather than general-purpose models. For EliseAI, the capital provides the firepower to deepen its hold on the real estate market and scale its newer healthcare division, tackling costly administrative tasks in two of the economy's largest and most complex sectors. "We've seen a fundamental shift in the market, from talking about AI to using it to solve really costly problems," Song said in an interview. "The demand from our customers was really strong, and so we decided that now is the time to invest in scaling." EliseAI's platform is able to automate the entire resolution process by focusing on specific industries, said Alex Immerman, partner at Andreessen Horowitz. "A vertical AI like ours will go really, really deep and will take that customer request and then handle every step that's required to resolve it," he said, including coordinating with vendors, scheduling, and ensuring compliance. The company started by targeting the housing industry in 2017, and expanded its applications to healthcare since 2022, an industry it said is burdened by similar communication friction and manual processes. With generative AI technology bursting onto the scene, its software can handle more complicated customer inquiries and workflows by integrating with models like the ones from OpenAI. It serves Zillow Group and other rental managers, and touts its technology is currently used in one in eight apartments in the U.S. In healthcare, the company has been focusing on outpatient specialties, including dermatology and women's health, integrating with electronic health record systems to automate administrative work. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Texas man arrested for shooting at teenagers doing 'ding, dong, ditch'
Texas man arrested for shooting at teenagers doing 'ding, dong, ditch'

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Texas man arrested for shooting at teenagers doing 'ding, dong, ditch'

A man was taken into custody after he fired shots at a group of teenagers attempting the "ding, dong, ditching" TikTok challenge outside his residence in northern Texas. Damon Wolfe, 58, of Frisco was arrested on Aug. 7 on three counts of aggravated assault after he fired multiple shots at a vehicle with three teenagers in it on July 28, Frisco Police Department said in a news release Aug. 18. Officers with the Frisco Police Department responded to a report of shots fired outside a residence in central Frisco around 10:50 p.m. July 28, with the reporting party saying they "had shot at someone who tried to kick in his door." Preliminary investigation revealed Wolfe went out onto the street after hearing a loud bang on his door and "fired multiple rounds at a passing vehicle, as he believed the occupants to be involved." The same night, officers responded to a location about six miles from Wolfe's residence "in reference to a vehicle being shot at," where the driver and two occupants told police their vehicle was shot at as they were driving away. Occupants admitted to 'ding', dong, ditching' Subsequent interviews revealed all three occupants "admitted to ding, dong, ditching in a random neighborhood when they were confronted by a male with a firearm." Officers observed "what appeared to be three bullet holes in the vehicle," which was then processed by the Frisco CSI team, and Frisco Detectives "canvassed the neighborhood for damage and any cameras that captured the incident." Based on the information gathered during the initial investigation, Frisco detectives "believed probable cause existed that Wolfe had committed aggravated assault against the three victims and sought three warrants for his arrest (one for each occupant)," the news release said, adding a judge signed the warrants and Wolfe was subsequently taken into custody on August 7. Aggravated assault is a second-degree felony and carries a punishment of 2 to 20 years in prison and a fine of up to $10,000, according to the news release. 'Senseless' and 'avoidable' incident Frisco Police Chief David Shilson, in a statement, regretted the incident and advised parents to talk to their kids "about the dangers of participating in these types of TikTok challenges." 'The teens involved in this case are very fortunate they were not shot and killed or seriously injured," Shilson said. Shilson also urged homeowners to avoid "running outside and shooting at a vehicle fleeing the scene" and to understand the legal and criminal repercussions of it. "The bullets fired in this offense could have easily struck neighbors' houses and had deadly consequences," Shilson said. "This entire incident is completely senseless and avoidable had better decisions been made by all involved.' Police said that there is no threat to the public and that an investigation into the incident remains active. They added that no additional information will be released at this time. The Frisco Police Department did not immediately respond to USA TODAY's request for an update on the investigation. Authorities have also requested anyone with information on the incident to contact the Frisco Police Department at 972-292-6010 or submit a tip using Tip411 (text FRISCOPD + the tip to 847411). What is 'ding, dong, ditching'? Ding dong ditch is a "children's prank involving ringing someone's doorbell and running away before they answer," according to The prank involves a person or persons going up to a random house and ringing the doorbell before running away. Earlier this year, a Virginia teenager was allegedly shot and killed by a homeowner while filming the TikTok prank videos with friends, USA TODAY previously reported. The teenager's friends told deputies that they were filming TikTok videos of them doing a "ding dong ditch" prank when they were shot at. The homeowner, meanwhile, was arrested and charged with several crimes, including second-degree murder. Saman Shafiq is a trending news reporter for USA TODAY. Reach her at sshafiq@ and follow her on X and Instagram @saman_shafiq7. This article originally appeared on USA TODAY: Frisco man accused of firing at teenagers doing 'ding, dong, ditch'

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