Connect with us

Hi, what are you looking for?

TopMarketReports.comTopMarketReports.com

Tech News

A Google witness let slip just how much it pays Apple for Safari search

Illustration of Google’s wordmark, written in red and pink on a dark blue background.
Illustration: The Verge

Google gives Apple a 36 percent cut of all search ad revenue that comes from Safari, according to University of Chicago professor Kevin Murphy. Google had fought to keep the number confidential, but Bloomberg reports that Murphy shared the figure while testifying in Google’s defense today at the Google antitrust trial.

Google has long paid to be the default search engine in Safari and other browsers like Firefox, spending $26.3 billion in 2021 alone for the privilege. $18 billion of that went to Apple, but the specifics of where the number came from remained secret until now. Google has been trying to keep such details under wraps as the trial goes on, but bits and pieces have seeped out anyway. According to Bloomberg, Google lawyer…

Continue reading…

You May Also Like

Politics

Read this article for free! Plus get unlimited access to thousands of articles, videos and more with your free account! Please enter a valid...

Editor's Pick

The market continues to be weak and thin, as TG explains in this week’s edition of Moxie Indicator Minutes. There are a few stocks...

Editor's Pick

Romina Boccia and Dominik Lett On April 10, 2023, Congress terminated the three‐​year‐​long COVID-19 national emergency—one of the most expensive emergency declarations ever at more...

Politics

House Republicans are likely to meet behind closed doors on Thursday to try and hash out their differences ahead of a chamber-wide vote to...