Ticketmaster will pay $10 million for hacking rival ticket seller

Photo by Noam Galai/Getty Images Ticketmaster has agreed to pay $10 million for breaking into a competitors' network. The company and its parent Live Nation admitted to hiring a former employee from rival ticket seller CrowdSurge, then using his knowledge -- including old usernames and passwords -- to learn CrowdSurge's inner workings and "cut [the company] off at the knees." "Ticketmaster employees repeatedly -- and illegally -- accessed a competitor's computers without authorization using stol...