New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...

Amazon used a secret algorithm to essentially help raise prices on other online sites and “destroyed” internal communications related to it as the Federal Trade Commission undertook an antitrust ...

Last week, it seemed that OpenAI—the secretive firm behind ChatGPT—had been broken open. The company’s board had suddenly fired CEO Sam Altman, hundreds of employees revolted in protest, Altman was ...

The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC’s lawsuit against Amazon, is indeed an algorithmic pricing scheme that raised prices where it could do so safely, ...

Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that boosted prices to US households by more than $1 billion, the Federal Trade ...

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 ...

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and "destroyed" some internal communications as the Federal Trade Commission was investigating the ...

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the ...