CNBC September 28, 2022
Since Amazon introduced the Echo smart speaker in 2014, it’s remained the biggest and fastest-growing player in the smart home market. Its most recent expansion includes four new Echo devices, a new Fire TV, two new Ring cameras with features like radar-triggered motion detection, and the Halo Rise contactless bedside sleep tracker that can sense your breathing and movement to determine sleep stages. The new devices were all introduced Wednesday at Amazon’s annual smart home event.
Last month, Amazon made moves to enter a new segment of the smart home, with a $1.7 billion offer to buy iRobot, the maker of the smart Roomba vacuum. Now, the Federal Trade Commission is requesting more information from both iRobot and Amazon before...
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