Samsung Electronics announced Sunday that it will include an artificial intelligence assistance service in its upcoming Galaxy S8 smartphones. In addition to the Galaxy smartphone, the virtual assistance will also be incorporated into other products, including home appliances and wearable technology devices, according to media reports. "Our Galaxy smartphones don't provide services that enable consumers to order pizza or coffee, but does provide third party applications. But the new AI platform will enable consumers to do things that they would usually do through a separate third party application," Samsung reportedly said in a statement. Samsung, which plans to launch the Galaxy S8 early next year, recently announced the acquisition of the San Jose, California-based AI company Viv Labs, which was founded by the creators of Apple's Siri service.

If you care about money, the economy and corporate America, earnings season matters. The action in the new video game'Call of Duty: Infinite Warfare' goes into outer space. Activision Blizzard heads into Friday's release of its blockbuster video game franchise Call of Duty on a roll. The arrival of Call of Duty: Infinite Warfare, expected to be the biggest-selling video game of the year, comes just hours after the Santa Monica, Calif.-based game publisher Thursday reported better-than-expected third-quarter earnings. Activision Blizzard, the No. 1 U.S. game publisher, reported earnings per share of 26 cents, compared to 17 cents in the July-September period a year ago.

If you care about money, the economy and corporate America, earnings season matters. Activision Blizzard annually gets a boost from its blockbuster video game franchise Call of Duty, the latest edition of which hits Friday. The arrival of Call of Duty: Infinite Warfare, expected to be the biggest-selling video game of the year, comes just hours after the Santa Monica, Calif.-based game publisher reports its third-quarter earnings upon today's market closing. Having seen Activision Blizzard's stock hit all-time highs in recent days --topping out with an intraday high Oct. 25 of $45.55 -- Wall Street analysts expect the No. 1 U.S. game publisher to surpass its own forecasts of Q3 revenue of $1.49 billion and earnings of 6 cents per share. Analysts polled by S&P Global Market Intelligence expect $1.56 billion and 8 cents per share.

Sophos has announced the acquisition of Irish security firm Barricade, adding behavior-based analytics to its endpoint offering. Barricade offer a technology platform that it claims can enhance the ability to identify malicious or suspicious behaviour by using machine learning and artificial intelligence. It said that this works by extending the capabilities of rule-based detection technologies, that will be increasingly challenged to keep up with the growth of sophisticated and complex attack patterns. Sophos will maintain the offices in the Republic of Ireland with Barricade CEO David Coallier and the team of developers, data scientists and engineers joining the Sophos Cloud group. Coallier said: "We are proud of the technology we have built and are pleased to join the team at Sophos focused on artificial intelligence and machine learning based security analytics. Driving the development of our technology into a comprehensive security solution that every IT professional can use presents us with the next phase in our exciting journey."

At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. It is now my pleasure to introduce your host Ken Stillwell, CFO and Senior VP of Pegasystems. Before we begin, I'd like to read our Safe Harbor Statement. Certain statements contained in this presentation, including but not limited to, statements related to future earnings, bookings, revenue and mix of license revenue may be construed as forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. The words expects, anticipates, intends, plans, believes, could, estimates, may, targets, strategies, intends to, projects, forecasts and guidance, and other similar expressions, identify forward-looking statements, which speak only as of the date the statement was made and are based on current expectations and assumptions. Because such statements deal with future events, they are subject to various risks and uncertainties. Actual results for the fiscal year 2016 and beyond could differ materially from the Company's current expectations. Factors that could cause the Company's results to differ materially from those expressed in the forward-looking statements are contained in the Company's press release announcing its Q3 2016 earnings, and in the Company's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2016, its Annual Report on Form 10-K for the year ended December 31, 2015 and other recent filings with the SEC. Although subsequent events may cause the Company's view to change, the company undertakes no obligation to revise or update forward-looking statements, whether as a result of new information, future events or otherwise, since these statements may no longer be accurate or timely. And with that, I'll turn the call over to Alan Trefler, Founder and CEO of Pegasystems. I'm pleased it was a strong Q3, overall. Q3 is generally provide limited visibility given vacations and schedules especially in Europe. And I had spoken about Brexit on the last call and I'm pleased to say that concerns have not materialized with the exception of currency of course. And I'm pleased to see the continued progress we're making towards having less lumpy quarters despite the inherent lumpiness of this business, even in the face of those currency headwinds. Those currency headwinds caught a couple of points off of our results.

The Spain-headquartered startup, which today is announcing $6 million in Series A funding, is using deep learning to help startups and larger companies recruit developers. Specifically, its AI tech is analysing the code of millions of developers via their open source contributions in order to match them to appropriate job openings. "We use this analysis to understand how good they are at any given language and framework and match them with companies looking for developers," is how Source{d} co-founder and COO Jorge Schnura explains it. He also says it isn't just about identifying code quality or a developer's ability, but also coding style and other nuances that differentiates one developer from another. "We can [find] people who are similar to your team," adds Schnura. "This is all unsupervised learning since we don't tell our algorithms which features to look for, it defines them itself".

Greetings and welcome to the PROS Holdings Inc Third Quarter 2016 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. It is now my please to introduce your host Stefan Schulz, Chief Financial Officer. Good afternoon, everyone and thank you for joining us. With me on today's call is Andres Reiner, President and Chief Executive Officer. Before we begin, we must caution you that some of today's remarks, including our guidance, our strategy, our competitive position, future business prospects, revenue, bookings, market opportunities, as well as statements made during the question-and-answer session, contain forward-looking statements. These statements are based on present information and are subject to numerous and important factors, risks and uncertainties, which could cause actual results to differ materially from the results implied by these or other forward-looking statements. PROS does not assume any obligation to update the forward-looking statements provided to reflect events that occur, or circumstances that exist, after the date on which they are made. Additional information concerning risks and other factors that may cause actual results to differ can be found in the Company's filings with the SEC. Also, please note that a replay of today's webcast will be available in the Investor Relations section of our website at pros.com. We encourage everyone to review this additional information. Finally, I would like to point out that in addition to reporting financial results in accordance with Generally Accepted Accounting Principles, or GAAP, PROS reports certain financial results, as well as forward-looking guidance, on a non-GAAP basis. A reconciliation of each non-GAAP measure to the most directly comparable GAAP measure, to the extent available without unreasonable efforts is available on the press release distributed earlier today, and in the Investor Relations section of our website. Good afternoon, everyone and thank you for joining us on today's call.

Even if self-driving cars aren't part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one fifth of all autos on the road, and great majority of new vehicles being produced worldwide will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That's where Otonomo, a startup based in Herzliya, Israel comes in. The company's systems gather up driver and vehicle data from disparate automakers and original equipment manufacturers.

Israeli artificial intelligence startup Voyager Labs has emerged from stealth mode with customers, use cases, and $100 million in funding. Voyager Labs has raised the funds from prominent investors including Sir Ronald Cohen, Lloyd Dorfman, OCAPAC Holding Company, and Horizons Ventures to help finance the company's next generation solutions for the financial and e-commerce markets. The company has 90 employees at its R&D center in Hod Hasharon and offices in New York, Washington and London. Founded in 2012, Voyager Labs has developed an artificial intelligence engine that combines expert systems with deep-learning algorithms and is capable of extracting dynamic, real-time, and tailored insights into human behavior by analyzing massive amounts of publicly available unstructured data. Voyager Labs was founded by CEO Avi Korenblum, who served in the Israeli intelligence community for 20 years.

Apple revealed its fourth quarter financial results during a conference call with investors on Tuesday, but perhaps the most interesting narrative -- aside from the company's first annual revenue decline since 2001 -- was the tech giants avowed focus on machine learning. "Today, machine learning drives improvement in countless features across our products," Apple CEO Tim Cook boasted during his initial remarks. Cook then offered a state of machine learning at Apple, by running down areas where machine learning is already helping to improve the iPhone user experience, noting that machine learning "enables the proactive features in iOS 10, and that cameras employ it in face recognizing software. Machine learning is also a key aspect of Apple's fitness offerings. "Machine learning continually helps Siri get smarter in areas, including understanding natural language," Cook added.