LONDON, March 1, 2023 /PRNewswire/ - As part of its Environmental, Social, and Governance (ESG) strategy, CGI (NYSE: GIB) (TSX: GIB.A) has partnered with Project Seagrass, a global charity devoted to ...

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 deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well, according to a new report from The Wall Street Journal ...

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 ...

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 ...

"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 ...

Amazon used a secret algorithm called Project Nessie to essentially dupe buyers out of more money. That’s according to a new report from The Wall Street Journal which details the algorithm and ...