Google Paid Apple $1 Billion in 2014 to Keep Its Search Bar on the iPhone

Google paid Apple $1 billion in 2014 to keep its search bar on the iPhone, reports Bloomberg. In addition, Google has an agreement with Apple to give the company a percentage of revenue generated through Apple devices. The deal was revealed in the court proceedings of Oracle’s copyright lawsuit against Google. The revenue-sharing agreement reveals the lengths Google must go to keep people using its search tool on mobile devices. It also shows how Apple benefits financially from Google’s advertising-based business model that Chief Executive Officer Tim Cook has criticized as an intrusion of privacy.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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