Instacart will stop using artificial intelligence to experiment with product pricing after a report showed that customers on the platform were paying different prices for the same items.
Instacart has announced it will be ending price testing on its platform. This comes after a study published earlier this month revealed pricing experiments that led to some customers seeing higher prices than others and the FTC saying last week it would be investigating the grocery delivery app.
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Last-minute holiday shoppers will find fewer options Wednesday, as most grocery stores shorten hours on Christmas Eve and some close earlier than usual.Why it matters: Christmas Eve is one of the busiest grocery shopping days of the year — and also one of the most limited. Shoppers scrambling for Ch…
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
Big brands such as Sainsbury’s and M&S also selling directly in app through links in videos and livestreamsIt is better known for its viral dances and for making hits out of forgotten songs, but the social media site TikTok is becoming a force to be reckoned with as a shopping platform.Major retaile…
Commercial Aircraft Corp of China Ltd. is set to miss a revised delivery target for its marquee C919 single-aisle jet, dealing a blow to its global ambitions after trade war-induced headwinds helped hamper production.
Motive Technologies Inc. filed publicly for an initial public offering, with the artificial intelligence-enabled fleet management software firm disclosing both growing revenue and net losses.
A major trade finance partner of First Brands Group threatened its right to keep tapping cash made available to the bankrupt auto parts supplier, saying the value of some of its collateral has fallen below agreed-upon thresholds.