Bing Is Already Taking Market Share From Google. Time to Sell Alphabet Stock?

The first domino may be falling in Bing's war on Google. According to a report in The New York Times, Samsung, the leading smartphone maker, is considering dropping Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google as the default search engine on its devices and replacing it with Microsoft's Bing. The news comes just two months after Microsoft unveiled the new ChatGPT-powered version of Bing, which embeds chatbot features into the search engine, and shows how fast the competitive landscape is changing in search following the release of ChatGPT. Read More...


Microsoft kicks Twitter in the teeth

Microsoft is dropping Twitter from its advertising platform next week, nearly two months after Twitter announced that it will begin charging a minimum of $42,000 per month to users of its API, which include enterprises and research institutions. With its $2.15 trillion market cap and roughly $100 billion cash on hand at the end of last year, Microsoft obviously has the money to pay Twitter what it wants, so the move appears to be a bit of a statement, even as Microsoft is declining to elaborate further about its decision. Specifically, what it told its customers today is that, “Starting on April 25, 2023, Smart Campaigns with Multi-platform will no longer support Twitter,” and that “Digital Marketing Center (DMC) will no longer support Twitter starting on April 25, 2023.”

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