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Amazon’s next big bet is letting you communicate without a smartphone, says Alexa’s chief scientist

“They don’t have a smartphone so that’s my easiest way to talk to them” writes Deirdre Bosa for cnbc.com. The next big function to take off on Amazon’s Echo devices will be voice or video calling — which is a way Alexa can reduce the need to have your smartphone on your at all times, said Rohit Prasad, VP and Head Scientist at Alexa Machine Learning.Asked whether we’d see a smartphone or smart glasses (which are reportedly in the works) from Amazon, Prasad said that he couldn’t comment on the…

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Flybe’s bid to make its planes more reliable set to hit profits

“A hike in maintenance costs is set to hit profits at regional airline Flybe which has warned its investors that earnings will drop by at least a third in the first half of its trading year” writes Ashley Armstrong for telegraph.co.uk. The carrier said it had undertaken a detailed review of its aircraft maintenance which had led led to higher costs as it worked to improve the reliability of its aircraft, particularly the Bombardier Q400 turboprop.But this will mean adjusted pre-tax profits will be between £5m and £10m in the…

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Goldman Sachs results poor, but better than forecasts

“The bank started the year off with flat bond trading, while the rest of Wall Street showed wide gains” reports nypost.com. Goldman, which has struggled to boost earnings this year, overall posted $8.33 billion in profit, a 2-percent increase from last year.Indeed, this is the first quarter this year that Goldman hasn’t completely botched its earnings compared to analysts’ expectations. Source: nypost.com Share This:

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ANALYSTS: The pound could drop almost 20% further in a ‘no deal’ Brexit scenario

“Business Insider looked at the forecasts for the pound of five analysts at major financial institutions in the event of a soft Brexit” writes Will Martin for businessinsider.com. But as Brexit talks start to falter — reaching “deadlock” last week — the pound is in focus once again.This week, we’ve taken the same analysts and provided their predictions for a hard Brexit in which the UK drops out of the EU without a trade deal.LONDON – The most noticeable economic impact of Brexit on the average Brit in the past…

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Amazon wants you to drop your new Kindle in the pool — it’s waterproof

“The new Kindle Oasis costs $249.99, more than three times the price of the most basic version of the device” writes Michael Schaub for latimes.com. The new Kindle Oasis is scheduled to begin shipping to customers this month.That covers the model with eight gigabytes of storage — customers can upgrade to 32 gigabytes for $30 more. Source: latimes.com Share This:

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The Oculus Rift and Touch controllers just got another big price drop

“Before today’s price drop, the bundle was available for $499” writes Kellen Beck for mashable.com. The announcement of the price drop came after Mark Zuckerberg, CEO of Facebook (which own Oculus), revealed a new standalone VR headset called Oculus Go and shared updates on Project Santa Cruz, an updated version of the Rift that uses inside-out movement tracking, effectively making outside trackers and sensors obsolete. Source: mashable.com Share This:

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GOLDMAN SACHS: Gold got rejected at a key level and could be setting up for a big drop

“The one thing that gold bulls have going for them is that it appears the late 2015/early 2016 lows look like they will hold” writes Finanzen Net Gmbh for businessinsider.com. As for how far the precious metal can fall from here, Goldman says we could see a retest of the late 2016 lows near $1,100, which would make for a drop of more than 13% from current levels. Source: businessinsider.com Share This:

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Samsung’s next Galaxy Note phone may have a key feature that Apple reportedly had to drop from the iPhone X

“Samsung’s next Galaxy Note phone may have a key feature that Apple reportedly had to drop from the iPhone X because of production issues” writes Finanzen Net Gmbh for businessinsider.com. The iPhone X will instead have Face ID, a new facial recognition technology that takes advantage of custom 3D sensors. Source: businessinsider.com Share This:

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News Stocks 

S&P 500 breaks record run on jobs data, drug chain drop

“Walgreens shares dropped 4.9 percent and CVS was down 4.9 percent, while Amazon shares rose 0.9 percent” reports foxbusiness.com. The stock was the biggest drag on the S&P 500 and the Nasdaq.The S&P 500 eased on Friday, ending a six-day run of record highs as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment and pharmacy shares fell on Amazon competition fears.The Labor Department’s closely watched jobs report showed nonfarm payrolls fell by 33,000 in September as hurricanes Harvey and Irma left displaced workers temporarily unemployed…

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