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Overstock.com Offers $1 Million For Improved Recommendations

The online retailer is pulling a Netflix, dangling the promise of a rich reward--not to mention some serious bragging rights--to the team that increases customer purchases.READ»

Washington Catches Prize Fever

Congress passed the America COMPETES Act, which codified the running of prizes by federal agencies. Any agency head may now run competitions “to stimulate innovation that has the potential to advance the mission of the respective agency.”READ»

Netflix Launches 'Taste Profile' Contest

Netflix announces its second contest, challenging programmers to model “taste profiles” from demographic and behavioral data.READ»