KEY POINTS
  • Samsung announced its Galaxy Home smart speaker on Thursday.
  • The Galaxy Home can play music and answer questions like an Amazon Echo.
  • The Galaxy Home is powered by Samsung's Bixby smart assistant.
Samsung Galaxy Home

Samsung announced a new smart speaker Thursday to rival the Amazon Echo and Apple HomePod. It's called the Galaxy Home.

Samsung also announced a new partnership with Spotify that will let users easily play music across Samsung TVs, phones and the Galaxy Home smart speaker. Spotify is the default music streaming service on the Galaxy Home, too. The news pumped Spotify shares up about 5 percent.