Morning Beat: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), and Sony Corp (ADR) (SNE)

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Plot Guru is the latest app on Apple Inc. (NASDAQ:AAPL)’s software suite that promises to make Netflix watching a trivia battle among friends. The app unlike other offerings on App Store allows users to predict what is going to happen in a show.

The app for Apple Inc. (NASDAQ:AAPL)’s iPhone promises to make the watching of shows on Netflix an ongoing contest between friends all in the effort of guessing the next twist. If two or more people are watching a given show, the app sends them questions based on the film. At the end of the show, every player is ranked to gauge who can crack Hollywood formulas.

Plot Guru also comes with a single-player mode. The app launches with 20 of the most popular shows on Netflix, Inc. (NASDAQ:NFLX) including Archer, Dexter and Doctor Who.

Security firm Quick Heal warns that Apple Inc. (NASDAQ:AAPL)’s iOS ecosystem could be the next battleground for hackers who over the years have camped on Android. According to the company’s quarterly report the iOS platform and creative Internet of things, platforms could be the new target for malware authors and hackers.

The security firm predicts the alteration of Android malware all in the effort of targeting iOS users as well as jailbroken Android devices. The App Store has in the recent past experienced a wave of attacks with the XcodeGhost malware all but confirming the fact that the software suit is not immune to attacks. In September alone Apple Inc. (NASDAQ:AAPL) discovered 39 malware infected apps installed on millions of iPads and iPhones.

Amazon.com, Inc. (NASDAQ:AMZN) has joined other retailers in India to prepare for the highly anticipated Diwali festival on Wednesday. The e-commerce giant has been offering big discounts for the two-month religious festival awaiting a climax of deals this week.

The festive season has already resulted in an increase in traffic to Amazon.com, Inc. (NASDAQ:AMZN)’s India site as unit sales continue to spike ahead of the big day. The amount of traffic registered this year is much higher than last year. Snapdeal has also confirmed a spike in sales which it says have grown by more than 700%

Traditionally, the event would trigger a strong demand for Gold. This year, however, most customers went for lifestyle products like phones televisions and cars.

Sony Corp (ADR) (NYSE:SNE) will no longer sell cassettes for its 40-year old home video recorder Betamax. With CDs and DVDs and Blue-ray having taken over physical media, the move may seem overdue as cassettes have been dead for some time.

Betamax products have survived for long because of strong demand in Japan. The fact that the business made financial sense made it possible for the company to tag along even with the changing times.

Sony Corp (ADR) (NYSE:SNE) discontinued the last recorders in 2002. It now plans to end the shipment of all Beta video cassette and microcassette MV and Betamax compatible tapes early next year.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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