Amazon made $1 billion with its secret price-raising algorithms codenamed ‘Project Nessie,’ FTC says
Barely a month following an investigative report by the Wall Street Journal uncovering Amazon’s use of secret algorithms to inflate prices, the Federal Trade Commission (FTC) revealed today that Amazon had generated $1 billion through these price-raising algorithms. According to
The post Amazon made $1 billion with its secret price-raising algorithms codenamed ‘Project Nessie,’ FTC says first appeared on TechStartups.
Barely a month following an investigative report by the Wall Street Journal uncovering Amazon’s use of secret algorithms to inflate prices, the Federal Trade Commission (FTC) revealed today that Amazon had generated $1 billion through these price-raising algorithms. According to […]
The post Amazon made $1 billion with its secret price-raising algorithms codenamed ‘Project Nessie,’ FTC says first appeared on TechStartups.