Amazon made more than $1 billion in excess profits by employing a secret algorithm codenamed “Project Nessie” that inflated prices, according to newly unredacted portions of the Federal Trade ...
In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. by Todd Bishop on Sep 26, 2023 at 10:34 am October 4, 2023 at ...
The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on. But then ...
The Project Nessie algorithm tested Amazon price hikes against its competitors. The Project Nessie algorithm tested Amazon price hikes against its competitors. is a reporter who covers the politics ...
In a nutshell: A redacted portion of the FTC's monopoly lawsuit against Amazon accuses the tech giant of using a secret pricing algorithm that allowed the company to see how far it could raise its ...
Amazon has become ubiquitous with shopping. If you want nearly anything, you can get it on Amazon, typically for cheaper price compared to other top retailers. Plus, Prime members often receive their ...
A new report details Amazon’s Project Nessie pricing algorithm. A new report details Amazon’s Project Nessie pricing algorithm. is a reporter who covers the politics and power influencing the tech ...
The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
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