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Netflix lost paid U.S. subscribers for the first time in eight years and fell below analyst estimates for international subscriber growth.Tech Driversread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
Morgan Stanley highlighted 20 companies including Uber and American Express that it expects earnings will drive the stock price in the near-term.Investingread more
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Revenue of $10.24 billion exceeded the consensus estimate by almost $250 million.Financeread more
Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.Marketsread more
Southwest joints United and American in taking the Boeing 737 Max out of its schedules through early November with no end in sight to the federally mandated grounding of the...Airlinesread more
Jeffrey Epstein, a former friend of presidents Donald Trump and Bill Clinton, had asked a judge to release him on a bond of as high as $100 million or more.Politicsread more
The filing came a day after the judge in Michael Cohen's criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of...Politicsread more
Despite a disappointing earnings report, Wall Street analysts are sticking by the stock and looking ahead to the third quarter.Marketsread more
Search engines such as Google and Bing are monetized through advertisements — which means that the number of eyeballs that view the results is very important. With nearly 15 percent of phones worldwide using iOS, according to IDC, Apple's default search engines represent a sizable audience, even if those users don't always click through to the respective search pages.
Siri's search powers have reportedly oscillated between Google and Bing through the years. TechCrunch previously reported Siri's deal with Google and noted that Bing will still be used to display Siri searches for images.
Analysts estimate that Google already pays billions to be the default search engine for iPhones and iPads. Investment firm Bernstein has put the figure at $3 billion, even without Siri, after legal documents revealed that Google paid $1 billion to stay on the iPhone in previous years.
Apple's software and services, including Siri, continue to become a bigger part of Apple's money-making strategy, as voice becomes a more popular interface for wearables and home speakers. Microsoft, too, has looked to make allies in this arena: Microsoft's Cortana and Amazon's Alexa can now work together.
Apple and Google declined to comment to CNBC on the details of a deal.
A Microsoft spokesperson told CNBC that in addition to Siri image search, Bing still powers the aspects of search on Yahoo (Verizon), AOL and Amazon, as well as the multi-lingual abilities of Twitter.
"We value our relationship with Apple and look forward to continuing to partner with them in many ways, including on Bing Image Search in Siri, to provide the best experience possible for our customers," the Microsoft spokesperson said. "As we move forward, given our work to advance the field of AI, we're confident that Bing will be at the forefront of providing a more intelligent search experience for our customers and partners."