TechCheck+ Google on Defense 4/21/23
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 21 April 2023
⏱️ 8 minutes
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| 0:00.0 | Is something happening to Google's dominance? |
| 0:05.0 | For two decades, it enjoyed one of the best business models in history, search. |
| 0:10.0 | It combined wildly successful acquisitions of YouTube, AdSense, and Double Click, |
| 0:14.8 | with billion user franchises like Gmail and Google Maps. The stock nearly tripled from |
| 0:19.9 | 2020 to 2021. It was a Wall Street darling and yet today Google may be finding the |
| 0:26.0 | previously rock solid ground shifting. Chat gee B. T and the pace of new AI-driven |
| 0:31.4 | products from Microsoft seem to come out of nowhere putting |
| 0:34.4 | alphabet on the backfoot. |
| 0:36.2 | The company that's been talking about AI for years all of a sudden looks defensive. |
| 0:41.2 | Pair that with the mood of cost cutting and profitability per employee focus in Silicon |
| 0:47.0 | Valley and you got to wonder are there serious problems brewing for our center perichai and the Google franchise. |
| 0:53.7 | That is the subject of this week's Tech Check Weekly is Google's dominance cracking. |
| 0:58.2 | This week started with a blockbuster New York Times article that Samsung had considered ditching Google for |
| 1:04.0 | big just considered it. I'm sure there's you know lots of folks you know talking |
| 1:08.0 | about about this you know I think obviously the Android ecosystem is very important for the company as well as |
| 1:15.4 | the search. |
| 1:16.4 | And that was enough to knock alphabet's share price down by nearly 4%. |
| 1:20.7 | Why? |
| 1:21.7 | Google pays billions of dollars to companies like Samsung and Apple to make |
| 1:25.0 | Google the default search engine on those devices but it's also the default for |
| 1:29.6 | reason. Google emerged from the search engine wars of the 90s to become synonymous with search. |
| 1:35.0 | Remember Ask Jeeves and Alta Vista, it's okay if you don't because Google relegated them to mere Wikipedia entries. |
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