botsact2016
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How the 'Grinch bots' stole Christmas
Resellers have existed since way before the internet. But with the surge of online shopping, they have found the perfect weapon to aid their business: bots, automated software that can add products to a virtual cart and purchase them faster than any human. Even if your browser autofills personal information, like your address and credit card, and it only took you one minute to get to the checkout page -- that's too slow. Bots can buy almost anything in a matter of seconds, which is why they've become the ideal tool for people who make money by snatching up coveted items and selling them on eBay, Amazon and Craigslist for a profit.
President Obama signs nationwide ticket-bot ban into law
New York already passed legislation banning the use of ticket buying bots, but President Obama has just made the ban a nationwide law. Today, the president signed the "Better Online Ticket Sales (BOTS) Act of 2016" which makes it illegal to use software to purchase tickets to popular events. Of course, the end goal of doing so is to resell them at a higher price. As you might expect, the law aims to give the general public a fair shot at concerts, sporting events and more that sell out quickly.
