Shares of internet search giant Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) tumbled 3.5% through 11:30 a.m. ET Monday -- a loss of nearly $50 billion in market capitalization -- after the publication of a New York Times story suggesting that Alphabet may not be an internet search giant for much longer. As the Times reported over the weekend, key Alphabet partner Samsung -- which built its smartphone franchise on the back of Google software -- is considering dumping Google and replacing it with Microsoft's ChatGPT-powered Bing as the default search engine on its new smartphones. Read More...
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Twitter exposes secrets, FTC clamps down on review hijackers and Android 14 arrives
Before we get on with the good stuff, a reminder that TechCrunch Early Stage 2023 is nearly upon us — taking place April 20 in Boston. Elsewhere in events land, don’t forget that Disrupt, TechCrunch’s annual flagship conference, kicks off September 19. Private no more: This week, numerous Twitter users reported a bug in which Circle tweets — which are supposed to reach a select group, like an Instagram Close Friends story — were surfacing on the algorithmically generated For You timeline.
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