Google will pay Apple $9 billion this year to remain the default search engine in the iPhone’s Safari browser, according to one Goldman Sachs analyst. That’s a hefty expense for Google, but will Apple end up paying the price when it comes to business messaging? According to Goldman Sachs analyst Rod Hall, Apple charges Google based on the number of searches iPhone users perform using Safari or Siri. If his $9 billion estimate is correct, it means Google is paying Apple roughly $10 a year for every iPhone user, as Cult of Mac reports. Hall predicts that number may climb as high as $12 billion next year, although other analysts have made lower estimates. Whatever the exact price tag, iPhone users acco
Connected cars are expected to account for over 80% of on-road vehicles by 2040. Automakers, original equipment manufacturers (OEMs), semiconductor companies, and electronics as well as telecom equipment manufacturers are competing neck-to-neck to acquire patents that leverage the Internet of things (IOT), cloud computing, remote resource utilisation and data streams necessary for connected and autonomous cars.This is according to a new white paper by market intelligence firm Netscribes, which utilises its in-house technology research skills to provide an overview of the innovation in the automotive IOT space and the key companies driving the shift towards connected and autonomous cars.To understand the patent landscape, it conducted a basic patent search in the domain of c...
Credit: Sashkin/Shutterstock.com With all the hype surrounding Bitcoin and other cryptocurrencies, there has been a surge of patent applications relating to blockchain—one of the technologies underlying Bitcoin. To many, blockchain is seen as the next disruptive technology, with applications not only in the financial sector but also across a surprisingly broad range of seemingly unrelated industries. The result is a patent arms race, with companies pursuing blockchain-related patents in hopes of tapping in to what’s expected to become a multibillion dollar industry over the coming years. What Is a Blockchain? Originally invented for the Bitcoin cryptocurrency, a blockchain is a public, decentralized and secure digital ledger used to
Artificial Intelligence is transforming the way we live, and the tech giants are racing to stay ahead of the curve.AI-related funding totaled an estimated $15.2 billion in 2017, a 144% increase over the previous year. The U.S. tech industry leads with a 50% share of those investments, even with China swiftly closing the gap in terms of patents and AI research.AI itself isn’t new, but boosted computing power, increased connectivity, and the sheer volume of data has paved the way for the fourth industrial revolution of AI.“The coming era will be looked back upon as the ‘AI era,’ when AI became the defining competitive advantage for corporations, government agencies, and investment professionals,” predicts David Nadler, founder of Kensho Technologies.The Potential of AIArtificial Inte
on September 13, 2018 at 11:04 am The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Artificial Intelligence is transforming the way we live, and the tech giants are racing to stay ahead of the curve. AI-related funding totaled an estimated $15.2 billion in 2017, a 144% increase over the previous year. The U.S. tech industry leads with a 50% share of those investments, even with China swiftly closing the gap in terms of patents and AI research. AI itself isn’t new, but boosted computing power, increased connectivity, and the sheer volume of data has paved the way for the fourth industrial revolution of AI. “The coming era will be looked back upon as the ‘AI era,’ when AI became the defining competitive advantage
Warning: This piece contains language and content regarding suicide that some people may find sensitive or triggering. Fashion designer Kate Spade died by suicide on Tuesday, June 5th. She was 55. Anthony Bourdain, the good-natured celebrity chef, died three days later, at 61, also by suicide. Bourdain and Spade’s deaths were doubly mourned because they were icons: Spade’s handbags defined a part of ‘90s New York City; Bourdain’s legacy as an astute, caring chronicler of the kitchen and other parts of the world is as yet unmatched. The day Bourdain died, The New York Times published a remembrance by Pete Wells, the paper’s restaurant critic. It wasn’t quite an obituary, though it did summarize Bourdain’s life, and it wasn’t just a paean, because Wells chastised Bourdain (gently, of
Editor's note: The following is a guest post from Andreas Reiffen, CEO of Crealytics. Measured in advertising dollars, Google's pay-per-click search advertising model is still the unmitigated leader in monetizing purchase intent. Google's market share in overall search is somewhere near 85% in the U.S. and 91% in Europe — enough to warrant regulatory oversight for antitrust violations. No other ad platform comes close to it in being as equipped to capture all the consumer signals that allow the company to know where, when and how shoppers are searching for a product and target them at that moment. Except for one. Enter Amazon. Amazon's advertising business is still nascent, though it's now a multi-billion dollar program and the company is already seasone