Amazon In Trouble? How Google Aims To Outsmart Alexa With Home By Scalper1 | May 19, 2016 0 Comment Scalper1 News alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/tZ2Q29iEVNI/googl051916_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/tZ2Q29iEVNI/googl051916_sd.mp4 Loading the player… Alphabet ( GOOGL )-owned Google has unveiled its Google Home device, a virtual assistant designed to answer questions and complete tasks, geared to take on the increasingly popular Amazon ( AMZN ) Echo. The Google assistant made its debut at Alphabet’s developer conference Wednesday, after Consumer Intelligence Research Partners said last month that Amazon sold 3 million $180 Echo devices in less than two years on the market. Google is trying to position Home as a device with even more artificial intelligence capabilities, with the help of its own search platform built into the device. Google Home can change colors, and the company says it also has a learning algorithm to keep conversations going and get to know you better over time. The speaker won’t be released until the fall, and the company has yet to share a price tag. Fire TV Stick Vs. Chromecast But can Home overtake Echo? If we look at two other competing devices from the companies, the Amazon Fire TV Stick and Google Chromecast, the two were virtually tied with 22% of streaming media player sales in 2015, according to a Parks Associates report out Tuesday. The Apple ( AAPL ) TV, which captured 20% of sales last year, is Apple’s closest thing to a virtual assistant, with Siri voice commands. Amazon, Google and Apple aren’t the only ones focusing on making “smarter” products. Facebook ( FB ) has been testing a virtual assistant named M built into its Messenger app. And Microsoft ( MSFT ) recently unveiled a “Magic Mirror,” which uses facial recognition to determine your mood and which can display the weather, time, news and more. Chart Analysis Amazon breached its 10-day line Thursday morning after finding support there on Wednesday, but was little changed by the afternoon. Shares are 3% below their recent high and extended about 16% past a cup-with-handle buy point cleared a little over a month ago. Alphabet is breaching support at its 200-day line, falling 1%. Shares are 11% below their February peak and 8% below a cup-with-handle buy point from which the stock tried to break out before earnings. Apple is 29% below its all-time high reached over a year ago. Shares have suffered severe technical damage over that time and were dropping 0.5% Thursday. Facebook is dropping back below buy range from a cup-with-handle base buy point that it broke out of after an estimate-beating quarterly earnings report, slumping 0.7%. The stock is 3% below its recent high. Microsoft is dropping 1.2% after hitting resistance at the 200-day line on Wednesday. The stock is 11% below its December peak. Scalper1 News Scalper1 News Related posts: Facebook, Amazon Are Trying To Knock Down Google By Doing This Google Home Takes On Amazon’s Echo; Can Apple’s Siri Be Home Hub? Why Facebook, Google, Amazon Are Best Positioned For Mobile Amazon’s Irony: Stock Shows Bullish And Bearish Traits At Same Time