About
NetChoice is a trade association fighting for free speech and free enterprise online. This page is a new education project of NetChoice’s.
The goal of our Tech Competition webpage is to show how the abundance of competition in the tech industry benefits consumers through new exciting services, and market signals pushing businesses to constantly innovate and improve their offerings to their customers. We’ll keep this page updated frequently with news and facts that highlight the prevalence and impact of vigorous competition in U.S. tech markets.
If you have any further questions, please visit NetChoice.org/contact-us.
Posts
Tech Competition is Helping Americans. Here's How.
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Thursday • August 1, 2024
Microsoft Adds OpenAI to Its List of Competitors in AI and Search
Software Giant Counts Its Partner Among Rivals Such as Amazon and Google in Annual Report
Microsoft MSFT -2.70%decrease; red down pointing triangle named OpenAI among its significant rivals, acknowledging that its most important partner in artificial intelligence is also increasingly competing for some of the same business.
The software giant, which has invested more than $13 billion in OpenAI, added the startup to its list of competitors in its fiscal 2024 report filed this week—the first time Microsoft has designated its partner that way in the annual filing. The maker of ChatGPT joined a shortlist of AI rivals named in the document, including Amazon AMZN -9.42%decrease; red down pointing triangle.com and Google.
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Wednesday • July 31, 2024
Microsoft Bing Advertising Revenue Up 19% (Back To Growth?)
Microsoft Reported Better-Than-Expected Earnings and Revenue For the Fiscal Fourth Quarter
Microsoft reported its fourth quarter 2024 earnings and it showed that its search and advertising revenue was up 19%. The last time it was up over 19% in a quarter was 10 quarterly earning reports ago, in Q3 2022.
Microsoft wrote, “Search and news advertising revenue excluding traffic acquisition costs increased 19%.”
Here are the highlights of the report: Revenue was $64.7 billion and increased 15% (up 16% in constant currency), operating income was $27.9 billion and increased 15% (up 16% in constant currency), net income was $22.0 billion and increased 10% (up 11% in constant currency), and diluted earnings per share was $2.95 and increased 10% (up 11% in constant currency).
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Tuesday • July 30, 2024
Perplexity will put ads in its AI search engine and share revenue with publishers
Its First Partners Include TIME, Fortune, The Texas Tribune and WordPress
When people type a question into Perplexity, the two-year-old search engine scours the internet and uses information from multiple sources, including online publishers, to synthesize an answer using AI. Soon, Perplexity will start sharing revenue with some publishers as part of an advertising platform it plans to launch around the end of September, the company announced on Tuesday.
The initiative, known as the Perplexity Publishers’ Program, comes less than two months after the San Francisco-based startup backed by investors like Jeff Bezos and NVIDIA, and valued at $3 billion, came under fire from Forbes, Wired, and Condé Nast for allegedly scraping content without permission and ignoring robots.txt, a type of file that websites use to block page-crawling bots.
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Thursday • July 25, 2024
OpenAI Is Launching Search Engine, Taking Direct Aim at Google
Built With Input From Publishers, SearchGPT Will Summarize Real-Time Information on Websites
OpenAI is launching a test version of its long-awaited search engine, which it says will cite sources of information including news from business partners such as The Wall Street Journal parent News Corp NWSA -1.49%decrease; red down pointing triangle and the Atlantic magazine.
The tool, called SearchGPT, will summarize the information found on websites, including news sites, and let users ask follow-up questions, just as they can currently with OpenAI’s popular chatbot, ChatGPT. The sources are linked at the end of each answer in parentheses.
OpenAI also built a sidebar where it said users can see more results and sources with relevant information.
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Wednesday • July 17, 2024
Anthropic Brings ChatGPT Competitor Claude AI To Android Devices
The New App Could Represent a Significant Competitor to ChatGPT, Boasting Potentially Greater Security Features
Anthropic has released an Android app for its flagship AI service and ChatGPT competitor, Claude.
The app is free to download now and leverages Anthropic’s most advanced Claude 3.5 Sonnet model, which encompasses multilingual processing to offer “real-time language translation” and “advanced reasoning”. Its feature set and user experience are similar to Claude’s iOS and web versions, the former of which launched two months ago.
Like other conversational AI assistants, the product responds to questions provided through various types of prompts. These prompts can consist of text paragraphs, files, images, or a combination of these elements simultaneously.
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Monday • July 15, 2024
Search engine Luxxle challenging Google with lenses for searching online
“It Takes an Entirely Different Approach Than Any of the Other Search Engines Out There,” Luxxle Spokeswoman Said
Rising search engine platform Luxxle is competing against Google by offering users a new way to navigate the internet and letting them use lenses to filter searches by political leaning. A Luxxle spokeswoman told the Washington Examiner. “Our approach is one that you won’t see with any other search engine. We offer far better results, unbiased results, superior privacy.”
“It’s just a much more enhanced experience and one that really puts the users in control,” she said. Luxxle began in 2018 when tech entrepreneurs noticed a lack of perspective in traditional search engines, according to Koweek. The engine launched in 2022, and the biggest challenge when competing with platforms like Google is name recognition, she said.
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