This is the best summary I could come up with:
For the DOJ—which has made the Google-Apple deal the center of its case alleging that Google maintains an illegal monopoly over search—this detail confirms how valuable default placements on iPhones are to the search leader.
Previously, sources told The New York Times that Google paid Apple approximately $18 billion in 2021 for the deal, but the exact amount of revenue sharing remained unknown until Monday.
The DOJ’s trial also recently revealed that Google paid $26 billion in total for default contracts, which are ostensibly responsible for driving up its search advertising revenue that is right now rapidly climbing.
In total, across all those default deals, Digital Content Next CEO Jason Kint estimated in a post on X that it’s possible that Google derives “at least $90 billion of its current annual revenue.”
"We’re continuing to focus on making AI more helpful for everyone; there’s exciting progress and lots more to come,” Pichai said in a statement reported by Search Engine Land.
Judge Amit Mehta, presiding over the antitrust trial, has said that the Google-Apple default deal is the “heart” of the DOJ’s case against Google.
The original article contains 716 words, the summary contains 184 words. Saved 74%. I’m a bot and I’m open source!
Greyghoster@aussie.zone 1 year ago
Apparently companies like to deal with Google because it has a superior search engine. That’s why users use it. What companies like is the adware hooks. Time to use DuckDuckGo and Firefox.
SpaceNoodle@lemmy.world 1 year ago
Yeah, give Microsoft your search history instead!
Honytawk@lemmy.zip 1 year ago
You don’t understand DuckDuckGo, do you?
Thelaststandn@lemmy.world 1 year ago
The thing is, at least in my experience, google is better. On avarage it takes me less time to find what I want on google than ddg. Yes I’m sure part of that is using google for a very long time, but there is one HUGE thing google has that ddg doesn’t: Quotation and minus search amendments. With google, if I can’t find what I’m looking for, add “” around it, and if something unrelated is showing up, use - The solution on ddg? Guess a different set of words to use, until you get it right. If ddg added this, I think I’d switch over entirely.