The Project Nessie algorithm tested Amazon price hikes against its competitors. The Project Nessie algorithm tested Amazon price hikes against its competitors. Amazon’s secret pricing algorithm, ...

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 ...

Microsoft is open-sourcing its cloud-compression algorithm and optimized hardware implementation for cloud storage. Microsoft is contributing that algorithm, known as ""=""> plus the associated ...

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 ...

TikTok is now allowing Oracle to review changes to its algorithms in an effort to double-check they aren’t being influenced by the Chinese government. ByteDance, TikTok’s parent company, has been ...

"Project Nessie" is a series of algorithms that Amazon allegedly used to raise prices by over $1 billion in just two years. As Amazon would argue, Amazon's dominance of the online retail space has ...

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, ...

References to Amazon’s Project Nessie are redacted extensively in the public version of the FTC complaint. The Federal Trade Commission’s antitrust lawsuit against Amazon alleges, for the first time ...