Microsoft shuts off Bing Search APIs and recommends switching to AI
Microsoft is shutting off access to its Bing Search results for third-party developers. The software maker quietly announced the change earlier this week, noting that Bing Search APIs will be retired on August 11th and that 'any existing instances of Bing Search APIs will be decommissioned completely, and the product will no longer be available for usage or new customer signup.'
This abrupt removal of the Bing Search APIs will impact third-party app developers and rival search engines that tap into Microsoft's search results to power their services. Microsoft is now recommending that developers use 'grounding with Bing Search as part of Azure AI Agents' as a replacement, which lets chatbots interact with web data from Bing.
Wired reports that some big customers of Bing's APIs will retain access to the service after the August 11th cutoff. DuckDuckGo uses Bing to power its search engine, and it has confirmed that it will still have access. Other smaller developers won't be so lucky, though.
Microsoft's move to cut off access to Bing Search APIs comes after the company has been hiking prices to access the data in recent years, and just a week before Microsoft's big Build developer conference. It also comes just days after the US Department of Justice asked a court to split up Google's ad tech empire.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Why the Market Dipped But KLA (KLAC) Gained Today
In the latest market close, KLA (KLAC) reached $872.00, with a +1.8% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.27%. The maker of equipment for manufacturing semiconductors's shares have seen an increase of 7.63% over the last month, not keeping up with the Computer and Technology sector's gain of 11.99% and outstripping the S&P 500's gain of 6.9%. Analysts and investors alike will be keeping a close eye on the performance of KLA in its upcoming earnings disclosure. In that report, analysts expect KLA to post earnings of $8.48 per share. This would mark year-over-year growth of 28.48%. Our most recent consensus estimate is calling for quarterly revenue of $3.07 billion, up 19.46% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $32.38 per share and a revenue of $12.04 billion, demonstrating changes of +36.39% and +22.72%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications to analyst estimates for KLA. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. KLA is holding a Zacks Rank of #1 (Strong Buy) right now. Investors should also note KLA's current valuation metrics, including its Forward P/E ratio of 26.45. Its industry sports an average Forward P/E of 18.6, so one might conclude that KLA is trading at a premium comparatively. We can also see that KLAC currently has a PEG ratio of 1.63. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Electronics - Miscellaneous Products industry had an average PEG ratio of 1.68 as trading concluded yesterday. The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 149, putting it in the bottom 40% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KLA Corporation (KLAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
From fishing family to Big Tech: French CEO takes on Silicon Valley
At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta. Reporting directly to CEO Sam Altman, the move to the ChatGPT-maker represents the latest chapter in a career that has taken Simo from a fishing family in France's Mediterranean port of Sete to the heights of Silicon Valley. As the current CEO of grocery delivery platform Instacart, she cuts a unique profile: a French woman in the male-dominated American tech landscape -- who resists advice to blend in. "I can put all my energy trying to be someone else or I can be myself and pour all of that energy into what I can create," she told CNBC in February. This philosophy will likely be on display when she appears Thursday at the VivaTech conference in Paris. Raised in Sete, Simo attended the elite HEC business school before joining eBay in 2006, first in France then in California. "People expect a very business-like story for why I decided to come to the US. It wasn't. The American Dream was on TV every night and that was an incredibly appealing thing," she said. - 'Never Intimidated' - In 2011, Simo joined Facebook, now Meta. She was given responsibility for video and monetization in 2014, a role she considers the defining moment of her career. Simo championed the company's pivot to video, which became central to Meta's strategy despite initial internal skepticism. "She never let herself be intimidated," recalled David Marcus, who worked at Meta alongside Simo and now serves as CEO of online payment company Lightspark. "She had an ability to challenge Mark (Zuckerberg) and push him, when others would have hesitated." Joining Instacart in 2021, Simo inherited a company that had been bleeding money for a decade. Under her leadership, the grocery delivery platform achieved profitability in 2022 through aggressive diversification: data monetization, expanded retail partnerships and a robust advertising business. Now Simo faces her biggest test yet. As OpenAI's number two, she'll free up CEO Altman to focus on research and infrastructure while she tackles the company's operational challenges. Despite being one of history's most highly funded startups and ChatGPT's phenomenal success, OpenAI is burning cash at an alarming rate. The company has also weathered significant leadership turnover, including Altman's own brief ouster and reinstatement in 2023, raising questions about management stability. But French investor Julien Codorniou, who worked alongside Simo at Facebook, said she will more than rise to the occasion. "Fidji's arrival is a declaration of ambition by OpenAI," he said. tu/arp/acb/des Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
3 hours ago
- Business Insider
Microsoft developing version of AI Copilot for the Pentagon, BI reports
Microsoft (MSFT) is working on a version of its 365 Copilot AI tool for the Pentagon, Business Insider's Ashley Stewart reports. 'For DoD environments, Microsoft 365 Copilot is expected to become available no earlier than summer 2025,' the company stated in a recent blog written for government customers. 'Work is ongoing to ensure the offering meets the necessary security and compliance standards.' Confident Investing Starts Here: Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
