The Most Expensive Smart Home Device of 2016

Echo to connected and automated toilet seats. While most of these smart home devices range from under $100 to a few hundred, the Samsung “Family Hub” refrigerator, clocking in at a cool $5,999 on the high-end model, takes the prize as the most expensive smart home device of the year.

UPDATE 1-Amazon forecasts lower operating income as costs rise

The world’s largest online retailer also reported lower-than-expected fourth-quarter revenue and missed Wall Street targets for its closely watched cloud computing unit, sending its shares down more than 4 percent in extended trading on Thursday. The Seattle-based company is spending heavily to take greater control of its delivery systems as well as expanding its video service around the world.