[throwaway-sf]

FWIW, Google was the only big tech co to see a revenue decline YoY in Q2.

They have a valuation of around 1T, which is now less than half Apple, and a third less Amazon.

Search has naturally become less essential to accessing the internet when people are spending more and more time on closed platform native apps, streaming services, gaming, etc. They seem to have put all their eggs in the search basket, which looks risky in a world where the most popular platforms keep people off the open internet.

[anamexis]

They may have put all their eggs in the search basket, but it wasn't for lack of trying other baskets.