Tue. 11/14 – Google Pays Apple HOW Much?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 14 November 2023
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Mem Ryan Home for Tuesday, November 14th, 2023 I'm Brian McCullough. |
| 0:09.2 | Today, two different trials reveal some details of Google's various deals with various platforms |
| 0:14.1 | that they probably wish hadn't become public. |
| 0:16.9 | Why aren't the feds arresting those casino hackers? |
| 0:20.4 | Two interesting new initiatives from Uber and Open AI has an independent board that gets to decide when AGI has been achieved and maybe X's Microsoft out. |
| 0:30.0 | Here's what you miss today in the world of tech. |
| 0:40.0 | Interesting nuggets continue to drop from the various tech trials happening right now. First up, in the US versus Google. Google's main economics expert |
| 0:45.0 | revealed that Google pays Apple 36% of the revenue |
| 0:48.5 | earned from search ads via Safari, |
| 0:51.3 | a figure that was apparently meant to remain a secret. |
| 0:55.2 | This is a big deal because this is a number that's been guessed at for years but never revealed |
| 0:59.4 | until now, and it's key to the government's case that Google essentially buys its way into a |
| 1:05.1 | monopoly position and also as Jason Kent said on Twitter quote if we take the |
| 1:10.8 | 2021 default deals revenue share of $26.3 billion reported by Bloomberg |
| 1:15.9 | and we assume Apple has the best terms at 36% of gross, then we can estimate that Google |
| 1:22.1 | counts at least $ billion dollars of its current |
| 1:25.3 | annual revenue in search default deals. That's insane." End quote in Bloomberg. |
| 1:32.3 | Kevin Murphy at University of Chicago End quote in Bloomberg. |
| 1:33.0 | Kevin Murphy, a University of Chicago professor, |
| 1:35.4 | disclosed the number during his testimony in Google's defense |
| 1:37.8 | at the Justice Department's antitrust trial in Washington. |
| 1:41.0 | John Schmiteline, Google's main litigator, visibly cringed when Murphy said the number |
... |
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