Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Instacart
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Instacart to pay $60 million in refunds
Instacart has agreed to refund $60 million to customers to settle allegations that the grocery shopping service engaged in deceptive marketing and billing practices, the Federal Trade Commission said Thursday. CBS News reporter Karen Hua has more.
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Instacart's AI-enabled pricing may be bumping up your grocery bill
Shoppers may be unaware they're paying as much as 23% more than others for the same grocery items on Instacart, a new analysis says.
AI pricing can vary by user, study finds
The popular app Instacart charged customers different prices on the same items bought from the same stores, an investigation from Consumer Reports and progressive think tank Groundwork Collaborative found. Instacart responded, saying, "These tests are not dynamic pricing. Prices never change in real time," adding, "retailers have long tested prices in their physical stores," and saying that 10 retail partners do so in the app. Jo Ling Kent has more.
Actor Angie Harmon says Instacart driver shot and killed her dog
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A look at Instacart's stock market debut
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Tropical Storm Nolo forms in Pacific, Hawaii under hurricane watch
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Trump rolls out the red carpet for Xi despite U.S.-China tensions
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Judge skeptical of Trump's White House ban on CNN, MS NOW and Politico
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Disney is raising prices for Disney+ and Hulu. See the breakdown.
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Social Security tax hike "financially impossible" for many, expert says
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Judge dismisses Trump's 2024 lawsuit against Iowa newspaper over poll results
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Ambassador says son is fighting for his life after attack in West Bank
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Wife of scholar detained in China wants Trump to press Xi to release him
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U.S., Iran hold first talks since June as Trump threatens annihilation
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Dolly Parton's estate granted restraining order against her nephew over threats
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