Investing.com — Apple (NASDAQ:AAPL) has expressed curiosity in collaborating in Google (NASDAQ:GOOGL)’s forthcoming U.S. antitrust trial regarding on-line search, Reuters reported on Tuesday.
The tech large has indicated that it can’t rely on Google to guard revenue-sharing contracts that earn Apple billions of {dollars} yearly, the report mentioned.
These contracts are primarily based on Apple’s choice to make Google the first search engine on its Safari browser.
Apple’s authorized workforce confirmed on Monday that the corporate doesn’t intend to create its personal search engine to rival Google’s, regardless of whether or not these funds persist.
In 2022, Apple’s settlement with Google reportedly introduced in an estimated $20 billion.
Apple is eager to carry ahead witnesses to testify within the trial scheduled for April, the report mentioned.
It additionally added that the prosecutors within the case are anticipated to argue that Google must implement a number of modifications, together with promoting its Chrome net browser and presumably its Android working system, to reinstate competitors within the on-line search sector.
This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.
The federal government's plan to satisfy housebuilding targets by constructing on the so-called gray belt…
(Reuters) - Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 foundation level…
PARIS (Reuters) - French oil main TotalEnergies reported a 15% drop in fourth quarter earnings…
Britain may do a slimmed down commerce cope with the USA inside months, the final…
An arms race for synthetic intelligence (AI) supremacy, triggered by latest panic over Chinese language…
OSLO (Reuters) -Equinor on Wednesday posted barely higher-than-expected income for the ultimate quarter of 2024,…