Google loses fight to hide 2021 money pit: $26B in default contracts::CEO Sundar Pichai testifies Monday as Google mounts its defense.
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Submitted 1 year ago by L4s@lemmy.world [bot] to technology@lemmy.world
Google loses fight to hide 2021 money pit: $26B in default contracts::CEO Sundar Pichai testifies Monday as Google mounts its defense.
remember to disable your adblocker in order to help fund this years default fees
This is the best summary I could come up with:
Rather than seeing itself as above all competition, Raghavan told the court, Google is forced to invest and innovate to avoid losing relevancy.
According to Raghavan, Google faces competition from a wide range of rivals beyond just other search engines, viewing Amazon and TikTok as top competitors, not Bing.
Particularly with younger users—some of whom Raghavan said refer to the search engine by a derogatory nickname, “Grandpa Google”—Google allegedly faces stiff competition.
Pichai will likely provide additional insights into how Google’s smart investments are responsible for creating the search empire it maintains today, Reuters reported.
But he will also likely face the DOJ’s inquiries into why Google invests so much in default agreements if it’s not a critical part of the tech giant’s strategy to stay ahead of the competition.
The DOJ is not likely to back down from its case that default agreements unfairly secured Google’s search market dominance.
The original article contains 566 words, the summary contains 150 words. Saved 73%. I’m a bot and I’m open source!
I have never heard anyone say “Grandpa Google”. I have heard more people say “Bing it” than someone that didn’t use “Google” to mean search.
You mean one person?
Are we talking about the money hole?
TheOneWithTheHair@lemmy.world 1 year ago
Yeah, I hate it when grandma sends a bunch of snaps rather than posting to Facebook.
No, but during the day I search (duckduckgo) for various issues at work, and at home for all sort of personal information (what’s that restaurant’s menu/phone number?, I need a schematic for washing machine, I even search prices to print a poster at Staples vs. Walmart vs. the UPS Store but used search engines to look at various local options too).
LemmysMum@lemmy.world 1 year ago
I use Google to spellcheck because predictive text can’t spell. What a time to be alive.
bassomitron@lemmy.world 1 year ago
I am also guilty of doing this fairly frequently. What’s ironic is that I use Gboard and its predictive text is hot garbage at times while Google will predict what I need almost immediately.
bogdugg@sh.itjust.works 1 year ago
Feel like the inverse is more apt: where old people go, the young run the fuck away from.
isles@lemmy.world 1 year ago
The only backing to their first claim is that young people were on Facebook first and then the audience generalized. Younger people tend to be earlier adopters.