Monday, April 15, 2024

Tech News, analysis, updates, comments, reviews

Amazon took data from its own sellers to develop competing products

Amazon had previously testified to Congress it doesn’t use data it collects from third-party sellers

Amazon.com Inc.  employees have used data about independent sellers on the company’s platform to develop competing products, a practice at odds with the company’s stated policies.

The online retailing giant has long asserted, including to Congress, that when it makes and sells its own products, it doesn’t use information it collects from the site’s individual third-party sellers—data those sellers view as proprietary.

Yet interviews with more than 20 former employees of Amazon’s private-label business and documents reviewed by The Wall Street Journal reveal that employees did just that. Such information can help Amazon decide how to price an item, which features to copy or whether to enter a product segment based on its earning potential, according to people familiar with the practice, including a current employee and some former employees who participated in it.

In one instance, Amazon employees accessed documents and data about a bestselling car-trunk organizer sold by a third-party vendor. The information included total sales, how much the vendor paid Amazon for marketing and shipping, and how much Amazon made on each sale. Amazon’s private-label arm later introduced its own car-trunk organizers.

An expanded version of this report appears on WSJ.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get notified whenever we post something new!

spot_img

Migrate to the cloud

Make yourself future-proof by migrating your infrastructure and services to the cloud. Become resilient, efficient and distributed.

Continue reading

A Rant: Stripping Privacy in This Era

The world has a privacy problem. Everything connected to the Internet (which is almost everything today), is for the taking. Looking around an average person's daily routine, it exposes the enlarging attack surface with each device we purchase, each...

Unveiling the Future: AI Breakthroughs and Their Impact

Welcome to the era where science fiction meets reality – the world of Artificial Intelligence (AI). In this exploration, we embark on a journey through recent AI breakthroughs, uncovering the marvels of advanced image recognition and natural language understanding....

 Navigating the Ethical Landscape of Artificial Intelligence

Introduction Welcome to a critical exploration of the brave new world of Artificial Intelligence (AI), where innovation and ethics intertwine. In this thought-provoking piece, we delve deep into the ethical considerations surrounding AI technologies. From the responsible use of AI...

Enjoy exclusive discounts

Use the promo code SDBR002 to get amazing discounts to our software development services.