Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ...

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 algorithm is essential to powering TikTok, which has more than 170 million US users. The complicated project is expected to take more than a year to complete and requires creating a code base ...