The firm has been hit particularly hard by the novel coronavirus pandemic, with essentially all concerts and sporting events around the world on hold.

The government of Saudi Arabia’s sovereign wealth fund has acquired a 5.7 percent stake in Live Nation, the parent company of Ticketmaster.

The Saudi Public Investment Fund disclosed the stake, comprising 12,337,569 shares in a filing with the Securities and Exchange Commission on Monday morning.

Based on Live Nation’s share prices as of this writing, the investment is valued at just shy of $500 million. Live Nation’s share price jumped at the news, rising by more…

Saudi Arabia’s Crown Prince Mohammed bin Salman Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS
  • More than a dozen high profile tech executives, including famous venture capital investors Marc Andreessen and former Uber CEO Travis Kalanick are part of a newly announced advisory panel for a $500 billion Saudi mega-city project.
  • The panel was announced as much of the focus on Saudi Arabia turns towards the fate of a Saudi dissident who disappeared after entering the Saudi consulate in Istanbul.
  • Shortly after the list of advisors was published, the list was changed and Apple’s Jony Ive was no longer on the list.

An array of high-profile business and technology leaders, including senior executives from Google…

The Private Jet Company continues to improve its flexibility in providing travel options as growth continues

The Private Jet Company continues to improve its flexibility in providing travel options as growth continues

Sept. 6, 2018, 08:00 AM

NEW YORK, Sept. 6, 2018 /PRNewswire/ — JetSmarter, the world’s largest private aviation community, announces the launch of its new website and desktop booking capabilities, now available for the first time since the company’s launch in 2013.

For travelers looking for more flexibility when it comes to searching and booking private jet flights, now — in addition to the capabilities already available via the app — users can create a profile directly on JetSmarter’s homepage…

Aug. 20, 2018, 03:50 PM

NEW YORK, Aug. 20, 2018 /PRNewswire/ — JetSmarter, the world’s largest private aviation community, reports triple-digit growth in seat bookings, as the company continues its momentum of dominating the private jet-sharing economy.

Since its launch in 2013 as a members-only, on-demand flight sharing app, the platform has grown rapidly and evolved with additional features and services. Earlier this year, the company expanded its flights to the public, allowing non-members to create and share flights with other travelers, without the commitment and annual fee of membership. …

“It’s a great business opportunity in the making,” says Florida-based entrepreneur Gennady Barsky. Saudi Arabia’s Vision 2030 is a grand project that is revolutionizing the cultural and economic environment of the country.

You can easily compare Saudi Arabia of the 90s with the Saudi Arabia of present day. The influence of Wahhabism defined the kingdom as a conservative state in the 18th Century. Later on, the discovery of crude oil as an important resource transformed it into a richer but far-traditionalist society.

Their reputation preceded them when they met the West. Crude oil was in demand, and Saudi Arabia profited…

If you have been following the impressive advancements being made by Big Data, then you already know just how much data science is helping the medical field as a whole, but did you know that Big Data is helping your dentist do his or her job better too?

It’s true Dentists from across the country recently gathered in Los Angeles, California for a conference called: “Advances in Big Data: Implications for Dental Research.” This symposium took place at the 45th Annual Meeting and Exhibition of the American Association for Dental Research, which is held in conjunction with the Canadian Association…

Gennady Barsky

Gennady Barsky is an American entrepreneur and philanthropist. He is expert at turning adversity into strength.

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