Sunday, January 5, 2025

The UK CMA is testing an AI tool to help catch companies that collude when bidding for public contracts, amid a "significant risk of bid-rigging" by contractors (Suzi Ring/Financial Times)

Suzi Ring / Financial Times:
The UK CMA is testing an AI tool to help catch companies that collude when bidding for public contracts, amid a “significant risk of bid-rigging” by contractors  —  Agency is trialling an AI-backed programme that scrapes data to identify bid-rigging



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...