💸 google might be paying apple

• what we already knew – google pays device manufacturers like apple and samsung billions to make its web search engine the default (i.e. when you type in something in the address bar of your mobile app browser, it redirects you to google)

• what we just found out – per the register, google has been paying apple an unknown portion of its search revenue generated by people using the chrome app on ios devices

⚠️ the cma is watching

• britain's cma (competition and markets authority) has always been investigating financial relationships between tech giants, but only recently begun digging into the exact relationship between google's chrome browser and ios devices

• if such financial arrangement is true, this would basically mean that google is paying apple to discourage apple from improving its safari browser (aka paying to stifle competition)

and we all know chrome is superior and safari just disappoints every time…

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💡 something im thinking about

bing and google app downloads since the announcement of chat gpt on bing

as always, i’m no financial advisor! (i’m no substitute for professional financial services)