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Google’s search engine “panic,” AI-generated hits, Coinbase considers leaving US market | E1723
This Week in Startups
Google Is in Panic Mode and Working on an Entirely New Search Engine After Discovering That Samsung Is Considering Switching to Bing as Its Default Search Engine on All Devices
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Google is reportedly in panic mode and working on an entirely new search engine after discovering that Samsung is considering switching to Bing as its default search engine. According to New York Times sources, Google's deal with Samsung is worth around $3 billion in a revenue per year for Google due to traffic. In 2021, Google reportedly paid Apple around $15 billion to maintain its status as the default search engine on all Apple devices. And what's really happening here is Samsung wants a better price out of Google; they're trying to get more money from them.
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