LONDON, Feb 8 (Reuters) – Alphabet Inc (GOOGL.O) lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries that the Google parent is losing ground to rival Microsoft Corp. (MSFT.O)
Alphabet shares, which slid as much as 9% during regular trading, were flat after hours. Microsoft shares rose around 3% before paring gains. They were also flat in post-market trading.
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
6 views