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USMNT makes history in World Cup victory over Australia  SEATTLE, WASHINGTON – JUNE 19: Alex Freeman of United States celebrates with his teammates after scoring his team’s second goal during the FIFA World Cup 2026 Group D match between USA and Australia at Seattle Stadium on June 19, 2026 in Seattle, Washington. (Photo by MB Media/Getty Images) Getty Images  #USMNT #history #World #Cup #victory #Australia

USMNT makes history in World Cup victory over Australia
USA v Australia: Group D - FIFA World Cup 2026
USA v Australia: Group D - FIFA World Cup 2026

SEATTLE, WASHINGTON – JUNE 19: Alex Freeman of United States celebrates with his teammates after scoring his team’s second goal during the FIFA World Cup 2026 Group D match between USA and Australia at Seattle Stadium on June 19, 2026 in Seattle, Washington. (Photo by MB Media/Getty Images)
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#USMNT #history #World #Cup #victory #Australia

USA v Australia: Group D - FIFA World Cup 2026

SEATTLE, WASHINGTON – JUNE 19: Alex Freeman of United States celebrates with his teammates after scoring his team’s second goal during the FIFA World Cup 2026 Group D match between USA and Australia at Seattle Stadium on June 19, 2026 in Seattle, Washington. (Photo by MB Media/Getty Images)
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#USMNT #history #World #Cup #victory #Australia

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Home Batteries Aren’t Just for Doomsday Preppers. Here’s Why You Might Want One<div><p><span class="lead-in-text-callout">With electricity costs</span> soaring, home batteries have never looked so attractive. Whether you want to store the excess generated by your solar panels or simply buy electricity at the cheapest possible rate to use later when power is most expensive, a home battery can help. It’s never been easier to get a home battery installed, but this rapidly expanding market can be confusing, and there are several things to consider before you buy.</p><p class="paywall">I’ve spent months researching home batteries, chatting to folks who use them, and then <a href="https://www.wired.com/review/ecoflow-powerocean-home-battery/" target="_blank" class="text link">having one installed myself</a>, and I have tips for anyone interested in getting a home battery of their own.</p><h2 class="paywall">Why Would You Want a Home Battery?</h2><p class="paywall">There are several reasons you might want to invest in a home battery, and they are not mutually exclusive:</p><ul class="paywall"><li>You want to store excess power from your <a href="https://www.wired.com/tag/solar-panels/" class="text link">solar panels</a>.</li><li>You want to live off-grid.</li><li>You want to guard against power outages.</li><li>You want to buy electricity at a cheap rate and store it for use later.</li></ul><p class="paywall">Home batteries are a win-win, potentially benefiting power companies too, because battery storage is an essential part of <a href="https://www.wired.com/story/grid-scale-battery-storage-is-quietly-revolutionizing-the-energy-system/" class="text link">grid balancing</a> and can help manage and make the most of the intermittent power generated by renewables (solar, wind, waves).</p><h2 class="paywall">How Do Home Batteries Work?</h2><figure class="AssetEmbedWrapper-iJvQnD cOWUYC asset-embed"><div class="AssetEmbedAssetContainer-fnduJP iaVSwI asset-embed__asset-container"><span class="SpanWrapper-kFnjvc eKnjjD responsive-asset AssetEmbedResponsiveAsset-gaAbQ hXaxHA asset-embed__responsive-asset"><picture class="ResponsiveImagePicture-jKunQM gjCCFj AssetEmbedResponsiveAsset-gaAbQ hXaxHA asset-embed__responsive-asset responsive-image"><img alt="Image may contain Appliance Device Electrical Device and Refrigerator" loading="lazy" class="ResponsiveImageContainer-dkeESL cQPiWi responsive-image__image" srcset="https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_120,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 120w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_240,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 240w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_320,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 320w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_640,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 640w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_960,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 960w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_1280,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 1280w, https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_1600,c_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg 1600w" sizes="100vw" src="https://media.wired.com/photos/6a2cc03df2f912aafcec0a71/master/w_1600%2Cc_limit/EcoFlow-PowerOcean-5-SOURCE-Simon-Hill.jpg"/></picture></span></div><p><span class="BaseText-fEwdHD CaptionCredit-cUgOGk iQbGEh hRFzlA caption__credit">Photograph: Simon Hill</span></p></figure><p class="paywall">A home battery is like a big <a href="https://www.wired.com/gallery/best-portable-chargers-power-banks/" class="text link">power bank</a> for your home. But rather than lithium-ion, they tend to be lithium iron phosphate (LFP or LiFePO<sub>4</sub>), because it is safer, more durable, and less prone to thermal runaway. In other words, less likely to overheat and burst into flames. There are a few manufacturers working with sodium-ion (Na-ion) batteries, which are potentially cheaper, more environmentally friendly (they don’t require lithium), and perform better in the cold, but they are also larger and don’t last as long.</p><p class="paywall">Home battery technology is often the same as you’ll find in electric vehicles. Some folks have even suggested <a href="https://www.wired.com/story/gm-vehicle-to-grid-charging-your-electric-car-can-power-your-house-and-your-neighborhood/" class="text link">employing EV batteries as home batteries</a>. But there are potential issues with that, not least finding your car battery drained in the morning. EVs are also driving the technology forward toward <a href="https://www.wired.com/story/the-next-challenge-for-solid-state-batteries-making-lots-of-them/" class="text link">solid-state batteries</a>, which are smaller for the same capacity, safer as they don’t have liquid electrolytes inside, and longer lasting.</p><p class="paywall">Many home batteries come in modular systems, so you can add the capacity you want, but they require an inverter to convert the DC (direct current) power stored to AC (alternating current) power you can use. Folks with solar panels, or those who plan to add them in the future, should opt for a hybrid inverter, which can also convert the power from the panels for use or storage.</p><p class="paywall">Inverters have different power ratings in kilowatts (kW) that dictate how much power you can draw at any given moment. Households with modest needs may get by with a 3.6-kW inverter, but that limits your continuous draw to 3.6 kW. They usually have a peak load capability that goes higher, enabling you to pull more for a brief period. If you have high-demand appliances like an EV charger or heat pump, you will want at least 5 kW, and folks with larger demands or larger batteries will want to go higher (6 to 10 kW).</p><h2 class="paywall">What Should I Look For?</h2><p class="paywall">There are several things to watch out for when buying a home battery:</p><ul class="paywall"><li><strong>Capacity</strong>: Measured in kilowatt-hours (kWh), this tells you how much total energy the battery can hold.</li><li><strong>Power output</strong>: Measured in kilowatts (kW), this shows how much energy the battery and inverter can deliver at any moment.</li><li><strong>Depth of discharge</strong>: This is how much of the battery’s capacity you can safely use without damaging it.</li><li><strong>Efficiency</strong>: This is the percentage of the power you put into the battery that you can actually use, because some energy is always lost in the storage process.</li><li><strong>Warranty</strong>: This is a guarantee about the minimum performance you can expect before a battery degrades (they all degrade over time), and it’s often stated in years and charging cycles (whichever comes first). For example, EcoFlow promises at least 70 percent capacity after 15 years or 6,000 charging cycles.</li></ul><h2 class="paywall">How Much Home Battery Do You Need?</h2><div class="GenericCalloutWrapper-loJzHJ hdkcxr callout--has-top-border" data-testid="GenericCallout"><figure class="AssetEmbedWrapper-iJvQnD cOWUYC asset-embed"><div class="AssetEmbedAssetContainer-fnduJP iaVSwI asset-embed__asset-container"><span class="SpanWrapper-kFnjvc eKnjjD responsive-asset AssetEmbedResponsiveAsset-gaAbQ hXaxHA asset-embed__responsive-asset"><picture class="ResponsiveImagePicture-jKunQM gjCCFj AssetEmbedResponsiveAsset-gaAbQ hXaxHA asset-embed__responsive-asset responsive-image"><img alt="Image may contain Electronics Mobile Phone Phone Computer Hardware and Hardware" loading="lazy" class="ResponsiveImageContainer-dkeESL cQPiWi responsive-image__image" srcset="https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_120,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 120w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_240,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 240w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_320,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 320w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_640,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 640w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_960,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 960w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_1280,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 1280w, https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_1600,c_limit/EcoFlow%20PowerOcean%20app%20screenshot%204%20SOURCE%20Simon%20Hill.png 1600w" sizes="100vw" src="https://media.wired.com/photos/6a2cbced4de07e2b903ad503/master/w_1600%2Cc_limit/EcoFlow%2520PowerOcean%2520app%2520screenshot%25204%2520SOURCE%2520Simon%2520Hill.png"/></picture></span></div><p><span class="BaseText-fEwdHD CaptionCredit-cUgOGk iQbGEh hRFzlA caption__credit">EcoFlow via Simon Hill</span></p></figure></div><p class="paywall">It can be tricky to calculate how much battery capacity you need, and it depends on your use case. If you want to guard against outages or live off-grid, you must consider how much power you use over time and also the sum of your maximum power usage at any given moment to ensure your capacity in kWh and output in kW are enough. If the output is not high enough you may not be able to run power-hungry appliances at the same time, so you’ll have to think about how you use your power.</p><p class="paywall">For folks like me, simply looking to buy at a cheaper rate to use when power is more expensive, any capacity will benefit you. But if you have a cheap six-hour rate overnight, for example, then you ideally want it to last for the other 18 hours. It makes sense to get as much as you can up-front because the installation costs are high. Even adding to modular systems later often requires professional installation to avoid voiding your warranty.</p><h2 class="paywall">Do You Need Upgrades or Permission?</h2><p class="paywall">The home battery will connect to your main electrical panel via a cable, and it may require some upgrades. There was no room on my fuse board when I got a home battery installed, so they had to install a second breaker box.</p><p class="paywall">Some inverters may require permission from your electric distribution utility or local distribution company. Here in Scotland, the distribution network operator must approve your inverter, but you can install and then notify up to 3.6 kW, whereas larger inverters require prior approval.</p></div>#Home #Batteries #Arent #Doomsday #Preppers #Heresshopping,energy,batteries,how-to,smart home,power

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People Are Sharing The Most Unbelievable Baby Names They’ve Ever Heard, And Wow

Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers">StubHub’s CEO is helping fund the biggest ticket scalpers  Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:A scalping group has capital to buy massive amounts of ticketsRather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expensesAndro profits off the inflated ticket salesStubHub benefits through massively inflated prices, which they profit off through buyer feesThat’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.  #StubHubs #CEO #helping #fund #biggest #ticket #scalpers

instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers">StubHub’s CEO is helping fund the biggest ticket scalpers

Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers

France’s march to the World Cup semifinals has been ‌powered by the goals from Kylian Mbappe and Ousmane Dembele, but the players believe ​an equally important part of their success has been forged away from the ⁠cameras, in private conversations without the coaching staff.

Didier Deschamps’ side faces Spain on Tuesday, seeking to reach a third successive World Cup final, having developed a unity that midfielder Adrien Rabiot and defender Jules Kounde say ‌extends well beyond tactical meetings and training sessions.

The players analyse matches together in small groups, challenging each other and taking responsibility for finding solutions beyond those provided by ‌Deschamps and his assistants.

“We communicate a lot and talk among ourselves regularly,” Rabiot told reporters on ‌Monday.

“At ⁠the hotel, during our downtime, we try to analyse matches together in small groups. ⁠That is important, beyond everything the coach and his staff provide. We all speak the same language, we all have the same objective and everyone is directing their energy towards it. What the staff bring us is essential, but the dialogue between ​the players, without the staff being involved, is ‌important as well.”

That sense of ownership has helped France combine one of the tournament’s most potent attacks with a collective defensive effort that begins with the forwards.

Mbappe has scored eight goals and Dembele five, but Kounde said France’s work without the ball had been as important as their ‌individual quality in possession.

“We have done a good job defensively, but it goes well beyond ​the defenders,” Kounde said.

“It is a collective effort, starting with the way we press from the opposition’s very first pass. When the work is done properly higher ⁠up the pitch and in midfield, it makes our job at the back much easier.”

France’s cohesion has been visible in the willingness of their attacking players to track back and in the discipline with which ‌the team have defended difficult moments.

STRONG RELATIONSHIPS

The players insist that what happens on the pitch is an extension of relationships built elsewhere.

“We get on very well,” Rabiot said. “There is a real sense of harmony and genuine cohesion. It is difficult to explain, but things work extremely well away from the pitch, and that energy carries over onto it.”

Kounde described a group that enjoyed playing together and making sacrifices for one another.

“There has been a strong sense of cohesion since the very beginning — even going back to 2022,” ‌he said.

“There is continuity within this group. It has been built over time, and everyone is focused on the same ​objective. That is one of our strengths, and you can feel it on the pitch. We enjoy playing together and we also enjoy making the effort for one another.”

France’s ⁠run has also taken place against the backdrop of Deschamps’ decision to step down after the tournament, ending ⁠a reign that began in 2012 and included victory at the 2018 World Cup and another final four years later. The 57-year-old had to deal with a personal loss too during this World Cup after his mother died during the group stage.

Rabiot said the ‌knowledge that this was Deschamps’ final competition had given the players an additional emotional drive.

“The difficulties the coach has gone through have brought us even closer together,” he said. “You want to give ​everything, especially knowing that this is his last competition in charge of the France team. This is the moment.”

Published on Jul 14, 2026

#FIFA #World #Cup #Frances #secret #weapon #Communication #analysis #field">FIFA World Cup 2026 — France’s secret weapon: Communication and analysis beyond the field  France’s march to the World Cup semifinals has been ‌powered by the goals from Kylian Mbappe and Ousmane Dembele, but the players believe ​an equally important part of their success has been forged away from the ⁠cameras, in private conversations without the coaching staff.Didier Deschamps’ side faces Spain on Tuesday, seeking to reach a third successive World Cup final, having developed a unity that midfielder Adrien Rabiot and defender Jules Kounde say ‌extends well beyond tactical meetings and training sessions.The players analyse matches together in small groups, challenging each other and taking responsibility for finding solutions beyond those provided by ‌Deschamps and his assistants.“We communicate a lot and talk among ourselves regularly,” Rabiot told reporters on ‌Monday.“At ⁠the hotel, during our downtime, we try to analyse matches together in small groups. ⁠That is important, beyond everything the coach and his staff provide. We all speak the same language, we all have the same objective and everyone is directing their energy towards it. What the staff bring us is essential, but the dialogue between ​the players, without the staff being involved, is ‌important as well.”That sense of ownership has helped France combine one of the tournament’s most potent attacks with a collective defensive effort that begins with the forwards.Mbappe has scored eight goals and Dembele five, but Kounde said France’s work without the ball had been as important as their ‌individual quality in possession.“We have done a good job defensively, but it goes well beyond ​the defenders,” Kounde said.“It is a collective effort, starting with the way we press from the opposition’s very first pass. When the work is done properly higher ⁠up the pitch and in midfield, it makes our job at the back much easier.”France’s cohesion has been visible in the willingness of their attacking players to track back and in the discipline with which ‌the team have defended difficult moments.STRONG RELATIONSHIPSThe players insist that what happens on the pitch is an extension of relationships built elsewhere.“We get on very well,” Rabiot said. “There is a real sense of harmony and genuine cohesion. It is difficult to explain, but things work extremely well away from the pitch, and that energy carries over onto it.”Kounde described a group that enjoyed playing together and making sacrifices for one another.“There has been a strong sense of cohesion since the very beginning — even going back to 2022,” ‌he said.“There is continuity within this group. It has been built over time, and everyone is focused on the same ​objective. That is one of our strengths, and you can feel it on the pitch. We enjoy playing together and we also enjoy making the effort for one another.”France’s ⁠run has also taken place against the backdrop of Deschamps’ decision to step down after the tournament, ending ⁠a reign that began in 2012 and included victory at the 2018 World Cup and another final four years later. The 57-year-old had to deal with a personal loss too during this World Cup after his mother died during the group stage.Rabiot said the ‌knowledge that this was Deschamps’ final competition had given the players an additional emotional drive.“The difficulties the coach has gone through have brought us even closer together,” he said. “You want to give ​everything, especially knowing that this is his last competition in charge of the France team. This is the moment.”Published on Jul 14, 2026  #FIFA #World #Cup #Frances #secret #weapon #Communication #analysis #field

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