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How one city got caught up in the 'Amazon effect' - Vimarsana News

How one city got caught up in the 'Amazon effect'

Amazon’s announcement that it was building HQ2 in Arlington, Va. boosted home prices and sales, albeit temporarily, according to a new report by Bright MLS.

Watson gets six figures as lawsuit settled against Amazon data center partner - Vimarsana News

Watson gets six figures as lawsuit settled against Amazon data center partner

The settlement relates to a case the CEO of Northstar Commercial Partners filed against Chicago-based IPI Partners over Amazon development deals.

Meet Jeff Bezos' New Neighbors On Miami's Billionaire's Bunker - Vimarsana News

Meet Jeff Bezos' New Neighbors On Miami's Billionaire's Bunker

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Source: biztoc.com
Amazon Used Secret Algorithm to Raise Prices | National & World News - Vimarsana News

Amazon Used Secret Algorithm to Raise Prices | National & World News

Newly unredacted portions of the Federal Trade Commission's antitrust lawsuit against Amazon reveal allegations that the company used a secret algorithm, codenamed "Project Nessie," to raise prices on other online sites and deliberately deleted internal communications. The FTC claims that Amazon generated over $1 billion in excess profits through the algorithm and violated antitrust laws. Amazon denies the allegations, stating that the claims are baseless and irresponsible.

Amazon used an algorithm to essentially raise prices on other sites, the FTC says - Vimarsana News

Amazon used an algorithm to essentially raise prices on other sites, the FTC says

Amazon used a secret algorithm to essentially help raise prices on other online sites and also “destroyed” internal communications as the Federal Trade Commission undertook an antitrust investigation against it,