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Welcome to Tech News Briefing. It's Wednesday, October 4th.

I'm Zoe Thomas, for the Wall Street Journal.

Amazon used a secret algorithm to force competitors to lower or raise their prices.

That's what the Federal Trade Commission alleges in redacted portions of its monopoly lawsuit

against the company. And according to a person familiar with the matter,

the e-commerce giant raked in more than $1 billion in revenue from the program.

Our reporter Dana Madioli is going to join us with details of how the algorithm allegedly worked

and how it fits into the agency's broader case against the company.

But first, Netflix is planning to raise the prices of its ad-free service once the actor's strike

ends. The streaming service is discussing increasing their prices in several markets globally,

but will likely begin in the US and Canada according to people familiar with the matter.

It's unclear how much Netflix will raise prices or when they will go up.

Our deputy media editor Jessica Tunkel says while other streamers have raised prices over

the past year, Netflix has so far been a holdout. Even though Netflix is profitable,

protecting the bottom line is a constant need. So for Netflix to increase their prices,

...