Alphabet shared a fall on report Samsung might get dump on Google


Alphabet shared a fall on report Samsung might get dump on Google

 

Alphabet Inc shares dropped by 4% on Monday due to a report claiming that Samsung Electronics Co may switch to Microsoft Corp's Bing as its default search engine for mobile devices, possibly replacing Google. Samsung and Google have been working together since 2009, with Samsung dominating the Android smartphone market, which could affect Google's advertising push. Although the report didn't confirm the switch to Bing, some analysts have suggested that Samsung could benefit from having better control over personalised search data, and avoiding possible anti-trust litigation.

 

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