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The Federal Trade Commission and attorneys general from seven states filed an 84-page lawsuit Thursday in federal court in California against Live Nation Entertainment and its Ticketmaster subsidiary. The suit alleges the companies knowingly allow ticket brokers to use multiple accounts to circumvent purchase limits and acquire thousands of tickets per event for resale at higher prices. The FTC claims this practice violates the Better Online Ticket Sales Act and generates hundreds of millions in revenue through a "triple dip" fee structure -- collecting fees on initial broker purchases, then from both brokers and consumers on secondary market sales. FTC Chairman Andrew Ferguson cited President Trump's March executive order requiring federal protection against ticketing practices. The lawsuit arrives one month after the FTC sued Maryland broker Key Investment Group over Taylor Swift tour price-gouging and follows the Department of Justice's 2024 monopoly suit against Live Nation.

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An anonymous reader shares a report: A software update rolling out to Samsung's Family Hub refrigerators in the US is putting ads on the fridges for the first time. The "promotions and curated advertisements" are coming despite Samsung insisting to The Verge in April that it had "no plans" to do so. Samsung is calling it a pilot program for now, which -- I kid you not -- is meant to "strengthen the value" of owning a Samsung smart fridge.

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Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to reignite debate over Beijing's place in the race to develop artificial intelligence. Reuters: The rare update from the Hangzhou-based company -- the first estimate it has released of R1's training costs -- appeared in a peer-reviewed article in the academic journal Nature published on Wednesday. DeepSeek's release of what it said were lower-cost AI systems in January prompted global investors to dump tech stocks as they worried the new models could threaten the dominance of AI leaders including Nvidia. Since then, the company and founder Liang Wenfeng have largely disappeared from public view, apart from pushing out a few new product updates. [...] The Nature article, which listed Liang as one of the co-authors, said DeepSeek's reasoning-focused R1 model cost $294,000 to train and used 512 Nvidia H800 chips. Sam Altman, CEO of U.S. AI giant OpenAI, said in 2023 that what he called "foundational model training" had cost "much more" than $100 million - though his company has not given detailed figures for any of its releases.

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