Google backs down in monopolization case!
Tech giant Google has submitted a new proposal to find a solution in the ongoing antitrust case against its search engine business. According to the company’s statement on Friday, it proposed restrictions on search engine partnerships with third parties. However, this proposal fell short of meeting the Justice Department’s demands for tougher sanctions. Here are the details…
Google proposal: Competition agreements will cease to be ‘exclusive’
Google’s proposed solution allows revenue sharing agreements with companies like Apple to continue. However, it proposes to remove the ‘exclusive’ status of these agreements. The company argues that these changes would impose costs on its partners and that contractual arrangements could hinder innovative browser solutions.
Google defended its proposal with the following statements: “We are not taking these changes lightly. They will create costs for our partners and regulate how they choose the best search engine for their customers. At the same time, it will put a burden on deals that lower device prices and support innovation from competing browsers.”
Apple joins Tencent and ByteDance for artificial intelligence!
Apple has reached a deal with Tencent and ByteDance for artificial intelligence!
Apple is in talks with Tencent and TikTok owner ByteDance to bring artificial intelligence features to iPhone devices in China.
Last month, the Justice Department and several states asked Judge Amit Mehta to order Google to sell its Chrome browser. The department also asked Google to stop its default search engine deals with Apple and other companies and open up its search engine results to competitors.
According to experts, divesting Chrome could open up the browser market and be welcomed by rival search engines and advertisers. However, it remains unclear how such a decision would be implemented.
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