# The San Francisco outfitter's wool shoes have always been linked to the real Silicon Valley.

*business · news · 2026-04-16 · Fortune*

## Key points

- A New York jury found Live Nation and Ticketmaster illegally monopolized over 200 U.S. live event venues.
- Snap will lay off 1,000 staffers, about 16% of its full-time workforce, following investor pressure.
- Apple and Google search and ads actively directed users to nudify apps, despite explicit platform bans.
- Nudify apps have generated over $122 million in lifetime revenue before many were recently suspended.

**Companies:** Apple, Google, Live Nation, Ticketmaster, Snap, Eventbrite, AEG
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/04/16/live-nation-and-ticketmaster-are-monopolists-jury-says/)

---

Canonical: https://newsio.io/n/44dae6ba-3262-43bf-ae69-ae97416e62f2/the-san-francisco-outfitters-wool-shoes-have-always-been-linked-to-the-real-sili
Summarized by Newsio from Fortune. https://newsio.io/how-it-works