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Alphabet erased $55 billion in market value on Monday after a report said competition is heating up in the search market. According to the NYT, Samsung may replace Google with Microsoft's Bing as the default search engine in its phones. Such a move would put about $3 billion in revenue at risk for Alphabet, which has long faced little competition. https://markets.businessinsider. ... -bing-search-2023-4 |
