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January 22, 2016 04:00 pm

Google Paid $1 Billion To Keep Search On iPhone

phantomfive writes: As the Google v. Oracle copyright case drags on, Oracle is claiming that Android has generated $31 billion in revenue for Google, $22 billion of which was profit. Court records also show Google paid Apple $1 billion USD to keep their search bar on the iPhone. A revenue sharing agreement was in place as well. At one point, Apple got 34% of the revenue generated by Google searches on iPhones. Both companies later requested that the information be redacted from the record, but once something is released on the internet, it tends to stay there.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5grb7tlU7lc/google-paid-1-billion-to-keep-search-on-iphone

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