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Friday, 3 November 2023

New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch:
New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed  —  The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC's lawsuit against Amazon …



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Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg : Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025...