FTC Accuses Amazon of Using Algorithm to Inflate Prices

The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.

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Microsoft Reports $20.1B Quarterly Profit as it Promises to Lead 'the New AI Platform Shift'

Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.

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