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Apple's Eddy Cue defends default search contract with Google as best option for consumers - TL;DR CNBC

Apple's Eddy Cue defends default search contract with Google as best option for consumers

Publishing timestamp: 2023-09-26 16:23:06


Summary

Eddy Cue, Apple's senior vice president of services, testified in federal court that having Google as the default search engine on iPhones was best for consumers because there was no valid alternative. Cue shed light on aspects of the multibillion-dollar contract between Apple and Google, stating that they chose Google as the default search engine because it made the most sense for consumers. The exact terms of the agreement and the revenue share between the two companies have not been revealed. Cue also discussed Apple's concerns about Google's privacy practices and stated that Apple has taken steps to limit Google's tracking ability on its devices.


Sentiment: NEUTRAL

Tickers: AAPL,  GOOG,  GOOGL,  CUE, 

Keywords: breaking news: technology,  cue biopharma inc,  tim cook,  sundar pichai,  entertainment,  business news,  alphabet class c,  mobile,  alphabet inc,  technology,  breaking news: politics,  social media,  politics,  apple inc, 

Source: https://www.cnbc.com/2023/09/26/apples-eddy-cue-defends-default-search-contract-with-google-in-trial.html


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