Google payments to be default search engine totalled $26B; execs wanted to reduce Apple’s cut [U]

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Update: Google wanted to keep the sum confidential, but a judge just ordered that the total sum paid – across Apple and other platforms – should be disclosed in the ongoing antitrust case. More at the bottom.

A new report says that the growing size of the Google payment to Apple to remain the default search engine on Apple devices concerned senior execs at the search giant – and they wanted to use EU law as a mechanism to reduce it …

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Google payments to be default search engine totalled $26B; execs wanted to reduce Apple’s cut [U]

Update: Google wanted to keep the sum confidential, but a judge just ordered that the total sum paid – across Apple and other platforms – should be disclosed in the ongoing antitrust case. More at the bottom.

A new report says that the growing size of the Google payment to Apple to remain the default search engine on Apple devices concerned senior execs at the search giant – and they wanted to use EU law as a mechanism to reduce it …

more…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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