Google stock drops nearly 10% after Apple says it could ditch search engine as iPhone default

Shares of Google parent Alphabet Inc. tanked more than 7% on Wednesday after a senior Apple executive signaled that the iPhone maker was looking at search engine alternatives for its Safari web browser.Eddie Cue, Apple’s senior vice president of services, testified on Wednesday as part of the Justice Department’s antitrust lawsuit against Google that Apple was “actively looking at” AI-powered search engines which would replace Google as the default option on the iPhone and other devices.Alphabet shares were ...