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FTC targets alleged Amazon pricing algorithm ‘Project Nessie’

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Tue, Sep 26, 2023 06:05 PM

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Former Tableau execs launch Seattle startup | Zulily vendors say they’re not getting paid ADVER

Former Tableau execs launch Seattle startup | Zulily vendors say they’re not getting paid ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: The GeekWire Summit returns October 19th! We're assembling some of the top names in artificial intelligence for the half-day summit, taking place in downtown Seattle: [Get your tickets today!]( TODAY'S TOP STORIES Hello, GeekWire readers. We’re tracking a new startup led by former Tableau execs, Zulily vendors who say they’re not getting paid, and the use of mass timber in construction. First, there’s big Amazon-related news today out of Washington, D.C. The Federal Trade Commission and 17 states [filed a long-awaited lawsuit against Amazon]( on Tuesday, targeting the Seattle tech giant for “anticompetitive and unfair strategies.” - The lawsuit alleges, for the first time publicly, that [the company used a secret pricing algorithm]( known internally as “Project Nessie” to compete unfairly in the e-commerce market. - Amazon’s practices allegedly “stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing,” according to the FTC. - "Today’s lawsuit seeks to hold Amazon to account for these monopolistic practices and restore the lost promise of free and fair competition,” FTC Chair Lina Khan said. [Read more.]( Departing Amazon exec going back to work for Jeff Bezos: Dave Limp, the outgoing Devices & Services chief at Amazon, will be the new CEO at Blue Origin, replacing Bob Smith at the Kent, Wash.-based space venture started by Bezos. [Read more.]( Zulily vendors say they’re not getting paid: Following the Seattle e-commerce company’s sale to Los Angeles-based investment firm Regent, some vendors claim they are owed thousands of dollars in unpaid invoices. [Read more.]( Former Tableau execs launch Seattle startup: Damon Fletcher and Michael Arvold are co-founders of Millworks Analytics, a cost analysis platform that helps businesses better understand and manage their cloud expenses. [Read more.]( Mass timber on the rise as construction alternative: The Pacific Northwest is helping to lead a shift toward engineered wood that is fire resistant, earthquake safe and more environmentally friendly than steel and concrete. [Read more.]( Startup turns crab shells into useful industrial chemicals: Bellingham, Wash.-based Tidal Vision has raised more than $20 million for its technology that creates a versatile, biodegradable polymer called chitosan. [Read more.]( Hot Links: - A mysterious early Microsoft employee may be connected to a private fireworks show that surprised and startled Seattleites. ([The Seattle Times]( - Microsoft is rolling out one of the biggest updates to Windows 11. ([The Verge]( - Seattle biotech startup A-Alpha Bio expanded its partnership with industry giant Amgen. ([A-Alpha Bio]( Thanks for [subscribing]( to the GeekWire newsletter, and have a great day. — GeekWire managing editor Taylor Soper, taylor@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE [IT Degrees—Certs Included]( Many IT jobs require at least a bachelor’s degree, plus multiple certifications. The cost of certification exams can be overwhelming if you’re paying for them out of pocket. At WGU, we include relevant industry-recognized certifications in our IT degree programs. Earn an IT degree that prepares you for your career with certifications from the likes of AWS, CompTIA, Cisco, and more included in the cost of your program. Learn More at [WGU.edu/IT](. LATEST HEADLINES [FTC targets alleged secret Amazon pricing algorithm ‘Project Nessie’ in antitrust complaint]( [T-Mobile’s corporate venture arm reveals second fund to invest AI, edge computing, and more]( [FTC and 17 states sue Amazon for maintaining alleged monopoly power that stifles competition]( [This startup turns discarded crab shells into useful industrial chemicals]( [Zulily vendors say they’re not getting paid following company’s acquisition to private equity firm]( [Former Tableau execs launch new Seattle startup that helps companies manage cloud costs]( [Uber inks first-in-the-nation deal with Washington state for driver appeal process]( [Departing Amazon exec Dave Limp will become CEO at Jeff Bezos’ Blue Origin space venture]( [Fire resistant, quake safe, climate friendly: Mass timber is on the rise as a construction alternative]( GEEKWORK: TODAY'S TECH JOBS - [Submittable: Senior Machine Learning Scientist]( - [Submittable: Senior Software Engineering Manager]( - [Submittable: Senior Site Reliability Engineer]( - [City of Portland Water Bureau: Technology Manager]( - [Council for the Advancement of Science Writing: Communications Coordinator]( - [Submittable: Senior Software Engineer (Backend) – Employee Engagement]( - [City of Redlands: Network Engineer]( - [NTTA- North Texas Tollway Authority: Sr ETL & Data Modeling Developer]( - [Submittable: Senior Software Engineer (Back End) – Data]( - [INRIX: Product Marketing Manager, Public Sector]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](

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