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Alphabet falls after report says Samsung may drop Google Search
short by Aishwarya Awasthi / on Monday, 17 April, 2023
Google parent Alphabet's shares dropped nearly 4% on Monday after a report said Samsung may replace Google Search with Bing as the default search engine on its devices. Google reportedly earns nearly $3 billion in annual revenue from its Samsung contract. Alphabet lost $100 billion in value on February 8 after its chatbot Bard shared inaccurate information in a video.
read more at Reuters