retail sector

Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

READ MORE >
Instacart Stock Closes Below IPO Price Week After Public Debut
Instacart Stock Closes Below IPO Price Week After Public Debut
September 26, 2023  |  IPO

Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. The online...

READ MORE >