Google gives Apple 36 percent of ad revenue generated from Google searches on Apple’s Safari browser, as per Kevin Murphy, an economics professor at the University of Chicago during his testimony for Alphabet at the Justice Department trial in Washington, Bloomberg reported. The relationship between the tech giants has been under scrutiny, with the DOJ accusing Google of maintaining market dominance by paying Apple to be the default search engine on Safari. In 2021, Google reportedly paid Apple “around $18 billion” for this. Both Google and Apple objected to details of their arrangement being made public, with Google claiming it would undermine its competitive standing. With Google’s total revenue in 2022 at $279.8 billion, and a majority from advertising, the 36 percent share to Apple likely amounts to billions of dollars. Google and Apple did not respond to Engadget’s request for comment.
Related Posts
London’s Iconic Black Cab Fleet Shifts to Electric Vehicles
- admin
- December 6, 2023
- 0
Half of London’s black cab fleet is now made up of zero-emission vehicles, according to LEVC and Transport for London (TfL). Of the 14,690 licensed […]
Uncover and Cut: A Step-by-Step Guide to Identifying and Canceling Your Dormant Subscriptions
- admin
- January 2, 2024
- 0
Many companies, ranging from VR game makers to sock brands, have adopted the subscription model with many services raising their prices. Finding and canceling unwanted […]
Unveiling the Best of the Best at the Day of the Devs Game Awards Stream
- admin
- December 7, 2023
- 0
Day of the Devs is an incredible showcase of promising indie games, regardless of publisher, genre, budget, visual style or release window. Curated by Double […]
