Machine learning & AI

Online shopping algorithms are colluding to keep prices high

Have you ever searched for a product online in the morning and gone back to look at it again in the evening only to find the price has changed? In which case you may have been subject to the retailer's pricing algorithm.

Automotive

'Hey Alexa': Amazon, Stellantis team up on car dashboards

US-European automaker Stellantis and Amazon are teaming up to develop onboard electronics systems that will bring the Alexa smart assistant to vehicles including the Jeep and Ram truck brands, the companies said Wednesday.

Business

US online Black Friday sales hit record $7.4 bn

Online sales on Black Friday in the United States hit a record $7.4 billion this year, with a jump in the number of transactions made from smartphones, according to data released Saturday by Adobe Analytics.

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Online shopping

Online shopping is the process consumers go through to purchase products or services over the Internet. An online shop, eshop, e-store, internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall.

The metaphor of an online catalog is also used, by analogy with mail order catalogs. All types of stores have retail web sites, including those that do and do not also have physical storefronts and paper catalogs. Online shopping is a type of electronic commerce used for business-to-business (B2B) and business-to-consumer (B2C) transactions.

This text uses material from Wikipedia, licensed under CC BY-SA