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/ Technology
Amid Chaos, Netflix hands out $1 million for recommendations system
After almost three years of competition, Netflix today awarded a team of I.T. professionals $1 million for improving by 10% Netflix’s ability to predict which movies members will like. And Netflix announced another competition for further improvements.
Posted 09/22/2009Katie DeatschPost a comment
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/ Technology
Footwearetc.com kicks up sales with on-demand product recommendations
With a new product recommendation engine deployed in a software-as-a-service environment, retailer Footwearetc.com has increased sales from product recommendations by 75% while raising average order values by 69%.
Posted 03/04/2009Paul DemeryPost a comment
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/ Marketing
Product recommendations lift sales 10-15% for DMinSite retailers
Retailers using DMinSite, a managed software e-commerce solutions vendor, find its product recommendations drive more sales than does collaborative filtering technology.
Posted 05/15/2008Paul DemeryPost a comment
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/ Technology
Netflix personalization contestants still eye the million-dollar prize
After more than a year, Netflix Inc. is still waiting to award $1 million to a design team that could help it build better personalization technology. But a team of AT&T Labs engineers has come close.
Posted 11/15/2007Paul DemeryPost a comment
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/ Technology
Lycos files patent infringement suit against Netflix and Blockbuster
Internet search engine Lycos Inc. has filed a lawsuit against Netflix Inc. and Blockbuster Inc., charging the two companies’ online DVD recommendation systems violate Lycos’ patents on collaborative filtering technology.
Posted 01/15/2007Kurt PetersPost a comment
Related Searches:Of Netflix And Blockbuster Lawsuits
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The $1 million question: How can one get inside the customer’s mind?
Netflix has introduced Netflix Prize, an award of $1 million to the first person or team that can help the company achieve accuracy goals in recommending movies based on personal preferences.
Posted 10/04/2006Mark BrohanPost a comment
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/ Technology
ChoiceStream powers new personalized movie recommendations on Yahoo
Yahoo’s new movie recommendations are based on user preferences gathered through opt-in tools. Personalized movie and DVD lists cover what’s current in theaters and what’s for sale in Yahoo Shopping’s 100,000-title inventory.
Posted 05/25/2005Mary WagnerPost a comment
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Light Bulb Moment
A $40 late fee begets an idea by Netflix CEO Reed Hastings worth $682.2 million.
Posted 02/01/2007Internet RetailerPost a comment
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Netflix bets $1 million it can fend off Amazon
Netflix, the leader in online rental of DVDs, is betting $1 million—the prize it will offer someone who can develop a way to improve its movie recommendation system—that it can improve its already leading shopping experience to stay ahead of the competition.
Posted 10/31/2006Internet RetailerPost a comment
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/ Press Release
DiscountDance.com, LuggagePoint.com and Nimli.com Select Strands Recommender for Personalized Product Recommendations
Online Retailers Implement Recommendations and Reap Rewards in Record Time INTERNET RETAILER - BOSTON, Mass., June 16, 2009 – Strands (http://recommender.strands.com), the leading provider of social recommendations announced today that DiscountDance.com (Internet Retailer Top 500 #336), LuggagePoint.com, Nimli.com, and Furnitureblue.com have recently selected Strands to power their automatic product recommendations. The sites will employ a new...
Posted 06/22/2009
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