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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
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Samsung’s Next Big Product Will Compete With Amazon, Apple, and Google

By
Kirsten Korosec
Kirsten Korosec
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By
Kirsten Korosec
Kirsten Korosec
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August 23, 2017, 5:46 PM ET

Samsung is jumping into the crowded smart speaker market and will soon launch a product that will put it in direct competition with tech giants including Amazon and Google.

DJ Koh, the president of Samsung’s mobile division, told CNBC on Wednesday that the company is working on a smart speaker. He told the news network that “I am already working on it” and the company will soon announce it. CNBC was interviewing Koh ahead of the Note 8 smartphone launch.

The WSJ reported in July that Samsung was developing a voice-activated speaker powered by its digital assistant Bixby. The report, which cited unnamed sources, said timing for a product launch was “far from determined” and noted that an English language version of Bixby had been delayed.

However, Bixby, which was unveiled earlier this year by Samsung, is now available in more than 200 countries and recognizes U.S. English and Korean. It’s available on the Galaxy S8 smartphone.

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While the hardware—the actual speaker—is important, it’s the AI-based tech and its potential ability to connect and communicate with other smart devices in the home, that has Amazon, Apple, and Google so dedicated to the space.

The foundation of Samsung’s speaker—like its rivals—will be the software, namely the Bixby, the digital assistant that users communicate with. Google Home has Google Assistant, Amazon Echo has Alexa, and Apple Homepod has Siri.

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