Tag: Amazon

Elizabeth Warren’s iRobot Gift to China

The Biden Administration is subsidizing semiconductor and green-energy companies in the name of competing with China, even as antitrust regulators make it harder for U.S. companies to compete. Call it degenerative artificial government intelligence.

Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices

The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint.

Amazon targets 10,000 fake review Facebook groups

Amazon is taking legal action against the administrators of more than 10,000 Facebook groups, the BBC has learned.
It says the groups are generating fake reviews on Amazon marketplaces in the US, UK, Germany, France, Italy, Spain, and Japan.
The tech giant says the groups offer money or free goods in exchange for reviews being posted on Amazon.