A US-based research and brokerage firm, Bernstein has said that Google will pay Apple USD 3 billion to remain the default search engine on iOS devices. According to a note to investors, Google has increased the payment from $1 billion three years ago to $3 billion for 2017. Google’s licensing fee makes up a large bulk of Apple’s service business. In fact, this license fee from Google comprises about 5% of Apple’s total operations profit.
Apple has stated that its services business is growing at a fast pace and that the profit from the services sector will help the company get listed in the Fortune 500 companies. An analyst from Bernstein also says that iOS devices [...]
Its no secret that Google and Apple, two massive rivals, have an agreement in place which enables the search engine to be the default search provider on the iOS platform, but what is emerging right now are details of this deal born out of convenience, and the numbers involved here are staggering!
Google which makes 4 times more money from iOS users than it does from users of its own Android platform, holds the business from the Apple based devices very important to its core business, and as such it has gone to great extents to keep its search engine running on iOS devices worldwide.
According to details that have emerged in the midst of a high-profile Oracle vs [...]
16 year old, Anmol Tukrel is an Indian-origin Canadian citizen who is now challenging the Google search engine. He has designed a personalised search engine that he claims is 47 percent more accurate than Google and is 21 percent more accurate, on an average.
This search engine was created as part of a project for the Google Science Fair, which is a global online competition open to students aged 13 to 18 years. He said that he took a few months and approximately 60 hours to code the engine. This is what he told Times of India:
“I thought I would do something in the personalized search space. It was the most genius thing ever. But when I realised Google already [...]