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 ...

Project Nessie is an algorithm [redacted]. Aware that this scheme belies its public claim that it "seek [s] to be Earth's most customer-centric company," [redacted]. How distressing.

Amazon’s secret pricing algorithm, codenamed “Project Nessie,” may have generated the company more than $1 billion in extra profits, according to new details released from the Federal Trade ...