Amazon used a secret algorithm to increase the prices of its products and that helped it improve its profits on items in all purchasing categories, thus favoring unfair competition. This algorithm was used in what was internally known as Project Nessie and allowed the company to obtain more than a…
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Dollar in Argentina continues to rise

On October 4, the various dollar quotes that coexist in Argentina reached historical records. In particular, the parallel or "blue" dollar, which savers turn to due to restrictions on acquiring foreign currency in the official market,…

Singapore authorizes Coinbase operations

The American cryptocurrency exchange Coinbase obtained an operating license from the Central Bank of Singapore, according to a statement this Monday. The platform, based in the North American country, received authorization from the entity…

UK Prime Minister rules out early elections

The Prime Minister of the United Kingdom, Rishi Sunak, has ruled out plans to call early general elections, claiming that "it is not what the country wants", so in principle he is sticking to the plan that foresees elections at the…

Argentina sends CBDC project to congress

The Minister of Economy of Argentina, Sergio Massa, indicated this Monday that the country needs a digital currency, which is why he has sent the project for a CBDC to Congress. Although there are no further details about a digital…

Sam Bankman-Fried pleads not guilty to fraud

October 3 marked the start of the trial against Sam Bankman-Fried, the founder of the cryptocurrency platform FTX, in federal court in Manhattan. This trial focuses on charges of fraud and money laundering. The first session was largely…