Buying groups of tickets for concerts, sporting events, and the like has always been popular and is almost always a pain. From finding a group of seats in the same area to fronting the cost of multiple tickets, the process can be a headache. That's why Arie Daie decided to create Fevo, the group ticketing platform.
Fevo partners with major ticket hubs like Ticketmaster, Tickets.com, AXS.com. The company integrates directly with their platforms and allows users to create a unique group for any event. Then the group has a link that any new member can use to buy tickets with their crew.
Daie explains that Fevo is different than Venmo or any other money splitting app because those products still require one person to front cost and then chase their friends for the money.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
