Blogs

Google paid over $20 billion to Apple to allow it to be on it’s iPhone

May 7, 2024 | Local News

May 7, 2024

Newly revealed court documents from the Department of Justice’s antitrust case against Google show that in 2022, Google paid over $20 billion to secure its position as the default search engine on Apple’s Safari browser, surpassing the reported $18 billion payment in 2021. This significant deal, kept confidential by both parties, has been a focal point in the DOJ’s antitrust lawsuit against Google, highlighting a long-standing agreement between the two tech giants dating back to 2005. The deal has been lucrative for Apple, contributing about 15% to its operating income in 2021. Despite being competitors in the smartphone market, Google and Apple aim to collaborate closely, with Google’s president of global partnerships emphasizing the desire for a deep partnership. However, tensions have arisen between the two companies, as revealed in court documents where Google’s CEO mentioned moments of competition over rival products.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Lionel Messi’s Father Jorge Messi Passes Away at 68

The football world is mourning alongside Lionel Messi and his family following the death of his father, Jorge Messi, at the age of 68. Jorge Messi passed away Friday night at a medical facility in Rosario, Argentina, following an undisclosed health battle, according...

Cape Verde World Cup Hero Vozinha Touches Down in Chile

Cape Verde goalkeeper Vozinha has officially arrived in Chile to join Colo-Colo, signing a six-month contract with the option of extending his stay for another year. The 40-year-old goalkeeper became one of the tournament's biggest fan favourites after helping Cape...

Events

Related articles