{"id":1534640,"date":"2025-05-07T15:25:34","date_gmt":"2025-05-07T19:25:34","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1534640"},"modified":"2025-05-07T15:25:34","modified_gmt":"2025-05-07T19:25:34","slug":"stocks-slide-as-apple-exec-admits-efforts-to-replace-google-for-ai-search","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/stocks-slide-as-apple-exec-admits-efforts-to-replace-google-for-ai-search\/1534640\/","title":{"rendered":"Stocks Slide As Apple Exec Admits Efforts To Replace Google For AI Search"},"content":{"rendered":"

Stocks Slide As Apple Exec Admits Efforts To Replace Google For AI Search<\/span><\/p>\n

\n

Apple Senior Vice President of Services Eddy Cue testified that the company is “actively exploring<\/strong>” a redesign of its Safari browser to prioritize AI-powered search engines, amid potential fallout from its deal with Google, according to Bloomberg<\/a>.<\/p>\n

Cue disclosed these new details Wednesday while testifying in the U.S. Justice Department’s antitrust lawsuit against Alphabet. The case centers on Apple and Google’s $20 billion-a-year deal that designates Google as the default search engine in Apple’s Safari browser.<\/p>\n

Cue revealed that Safari search volumes declined for the first time in April<\/strong>, prompting the company to evaluate alternatives. He specifically mentioned Perplexity and Anthropic as potential options.<\/p>\n

More from Bloomberg:\u00a0<\/p>\n

Technology is changing fast enough that people made not even use the same devices in a few years, Cue said. “You may not need an iPhone 10 years from now as crazy as it sounds,” Cue said in a court.<\/em><\/p>\n

“The only way you truly have true competition is when you have technology shifts. Technology shifts create these opportunities. AI is a new technology shift, and its creating new opportunities for new entrants<\/strong>.” <\/em><\/p>\n

Cue said that, in order to improve, the AI players would need to improve their search indexes<\/strong>. But, even if that doesn’t happen quickly, they have other features that are “so much better that people will switch.” <\/em><\/p>\n

“There’s enough money now, enough large players, that I don’t see how it doesn’t happen,” he said, referring to a switch from standard search to AI<\/strong>. Cue also said that large language models \u2014 the underlying technology for generative AI \u2014 will continue to improve, giving users more reason to switch.<\/em><\/p>\n

Still, he believes Google should remain the default in Safari, saying that he has lost sleep over the possibility of losing the revenue share from their agreement. <\/em><\/strong><\/p>\n

Here are the latest headlines:\u00a0<\/p>\n

APPLE’S CUE: LOST SLEEP OVER POSSIBILITY OF LOSING REV. SHARE<\/em><\/p>\n

APPLE’S CUE: BELIEVES PERPLEXITY, ANTHROPIC COULD BE OPTIONS<\/strong><\/em><\/p>\n

APPLE LOOKED AT ANTHROPIC, DEEPSEEK, GROK, PERPLEXITY FOR AI<\/strong><\/em><\/p>\n

This news sent Google shares sinking as much as 5%.<\/p>\n

<\/a><\/p>\n

Apple shares fell to a session low of 1.7%.\u00a0<\/p>\n

<\/a><\/p>\n

Sliding Apple and Google price action sent US main equity futures lower.\u00a0<\/p>\n

<\/a><\/p>\n

*Developing…\u00a0\u00a0<\/em><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 05\/07\/2025 – 11:25<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/stocks-slide-apple-exec-admits-efforts-replace-google-ai-search<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks Slide As Apple Exec Admits Efforts To Replace Google For AI Search Apple Senior Vice President of Services Eddy Cue testified that the company…<\/p>\n","protected":false},"author":0,"featured_media":1534641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1534640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1534640"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1534641"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1534640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1534640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1534640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}