The item in the image is a Yellies! Lizabelle Voice-Activated Lizard Pet Toy by Hasbro. 
Technology: This interactive toy is sound-activated, responding to talking, yelling, clapping, singing, or music. 
Features: It features a squishy, glittery exterior, wiggling legs, and eyes that light up. 
Unique Selling Point: The faster you yell, the faster the lizard moves. 
Specifications: Designed for children ages 5 and up, it operates using three 1.5V A76 alkaline batteries, which are included.