US Patent Issued to Walmart Apollo on Nov. 18 for "System and method for automatically computing and updating advertisement biddings for cold items" (American, Indian Inventors)

ALEXANDRIA, Va., Nov. 18 -- United States Patent no. 12,475,487, issued on Nov. 18, was assigned to Walmart Apollo LLC (Bentonville, Ark.).

"System and method for automatically computing and updating advertisement biddings for cold items" was invented by Georgios Rovatsos (San Francisco), Saeed Ahmadian (Seattle), Ahinoam Pollack (Menlo Park, Calif.), Sandip Bhattacharjee (Bangalore, India), Anurag Das (Bangalore, India), Aman Avilash (Bangalore, India), Changzheng Liu (Sunnyvale, Calif.) and Wei Shen (Pleasanton, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for automatically computing biddings for cold items are disclosed. A first bid value is computed and submitted for a first ...