It looks like Amazon is hellbent on keeping its spot as the biggest online retailer — even if that means hurting both sellers and customers. In September, the FTC filed a long-expected antitrust lawsuit against Amazon over its alleged use of illegal strategies to stay on top. Details of the suit were previously withheld from the public, but today a mostly unredacted version was released, including details about Amazon’s secret pricing tool, known as Project Nessie. These algorithms helped Amazon increase prices by over $1 billion over two years, the FTC alleges.

As Amazon would argue, Amazon’s dominance of the online retail space has helped small businesses reach more consumers. But the FTC would argue that over the years, Amazon has become exploitative in its approach. The company continues to increase third-party seller fees, which are taking a toll on smaller businesses and even causing bankruptcy for some. Amazon previously said these claims were baseless, but the documents revealed today show otherwise.

According to the The Wall Street Journal, the internal documents cited in the original complaint show that Amazon executives were well aware of the effects of the company’s policies. In the documents, Amazon executives acknowledged that these policies, which included requiring Amazon sellers to have the lowest prices online or risk consequences, had a “punitive aspect.” One executive pointed out that many sellers “live in constant fear” of being penalized by Amazon for not following the ever-changing pricing policy.

The FTC also alleges that the company had been monitoring its sellers and punishing them if they offered lower prices on other platforms, which the agency says is a violation of antitrust laws. The unredacted documents indicate that Amazon has increased prices by over $1 billion between 2016 to 2018 with the use of secret price gouging algorithms known as Project Nessie. It was also revealed that the “take rate” — aka the amount Amazon makes from sellers who use the Fulfillment By Amazon logistics program — increased from 27.6 percent in 2014 to 39.5 percent in 2018. It’s unclear if that has changed in more recent years since those numbers remained redacted.

And Amazon isn’t just ruining its sellers’ experience. The complaint also revealed Amazon’s increased use of ads in search results. Several ad executives at the company acknowledged that these sponsored ads were often irrelevant to the initial search and caused “harm to consumers” and the overall experience on the site.

The FTC alleges that these policies were the brainchild of Jeff Bezos, Amazon’s founder and former chief executive, to increase the company’s profit margins.

“Mr. Bezos directly ordered his advertising team to continue to increase the number of advertisements on Amazon by allowing more irrelevant advertisements, because the revenue generated by advertisements eclipsed the revenue lost by degrading consumers’ shopping experience,” the FTC complaint alleges.

This article originally appeared on Engadget at https://www.engadget.com/amazon-ftc-lawsuit-unredacted-documents-project-nessie-secret-price-gouging-algorithm-194800531.html?src=rss

Source: Engadget – Unredacted documents in the FTC’s Amazon lawsuit shed light on the company’s secret price-gouging algorithm

NASA will soon start testing what is dubbed as the world’s first commercial spaceplane capable of orbital flight, which will eventually be used to resupply the International Space Station. The agency is set to take delivery of Sierra Space’s first Dream Chaser, which should provide an alternative to SpaceX spacecraft for trips to the ISS.

In the coming weeks, the spaceplane (which is currently at Sierra Space’s facility in Colorado) will make its way to a NASA test site in Ohio. The agency will put the vehicle, which has been named Tenacity, through its paces for between one and three months. According to Ars Technica, NASA will conduct vibration, acoustic and temperature tests to ensure Tenacity can survive the rigors of a rocket launch. NASA engineers, along with government and contractor teams, are running tests to make sure it’s safe for Tenacity to approach the ISS.

All going well, Tenacity is scheduled to make its first trip to space in April on the second flight of United Launch Alliance’s Vulcan rocket. The rocket has yet to make its own first test flight, which is currently expected to happen in December. However, given how things tend to go with spaceflight, delays are always a possibility on both fronts.

The spaceplane has foldable wings, which allow it to fit inside the payload of the rocket. On its first mission, Tenacity is scheduled to stay at the ISS for 45 days. Afterward, it will return to Earth at the former space shuttle landing strip at the Kennedy Space Center in Florida rather than dropping into the ocean as many spacecraft tend to do. Sierra says the spacecraft is capable of landing at any compatible commercial runway.

“Plunging into the ocean is awful,” Sierra Space CEO Tom Vice told Ars Technica. “Landing on a runway is really nice.” The company claims Dream Chaser can bring cargo back to Earth at fewer than 1.5 Gs, which is important to help protect sensitive payloads. The spaceplane will be capable of taking up to 12,000 pounds of cargo to the ISS and bringing up to around 4,000 pounds of cargo back to terra firma. Sierra plans for its Dream Chaser fleet to eventually be capable of taking humans to low-Earth orbit too.

As things stand, SpaceX is the only company that operates fully certified spacecraft for NASA missions. Boeing also won a contract to develop a capsule for NASA back in 2014, but Starliner has yet to transport any astronauts.to the ISS. Sierra Nevada (from which Sierra Space was spun out in 2021) previously competed with those businesses for NASA commercial crew program contracts, but it lost out. However, after the company retooled Dream Chaser to focus on cargo operations for the time being, NASA chose Sierra to join its stable of cargo transportation providers in 2016.

Dream Chaser’s first trip to the ISS has been a long time coming. It was originally planned for 2019 but the project was beset by delays. COVID-19 compounded those, as it constricted supply chains for key parts that Sierra Space needed before the company brought more of its construction work in house. The company is now aiming to have a second, human-rated version of Dream Chaser ready for the 2026 timeframe.

NASA has long been interested in using spaceplanes, dating back to the agency’s early days, and it seems closer than ever to being able to use such vehicles. Virgin Galactic (which just carried out its fifth commercial flight on Thursday) uses spaceplanes for tourist and research flights, its vehicle is only capable of suborbital operations. With Dream Chaser, Sierra has loftier goals.

This article originally appeared on Engadget at https://www.engadget.com/a-commercial-spaceplane-capable-of-orbital-flight-is-ready-for-nasa-testing-185542776.html?src=rss

Source: Engadget – A commercial spaceplane capable of orbital flight is ready for NASA testing