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Business Roundup Week Ending August 9
August 9, 2024
Written By Nathan Ingram
Google is Officially a Monopoly. Now What?
August 5, a U.S. Federal Judge ruled that Google has maintained a monopoly in the search and advertising markets, citing its dominant market share and anticompetitive practices .
Google pays billions of dollars annually to be the default search engine on devices and browsers, resulting in a market share of 89.2% of general search services, and 94.9% on mobile devices.
Competitors like Bing, DuckDuckGo, and Yahoo hold less than 6% market share combined.
The Judge’s ruling cites Google’s intentional creation of friction points to discourage users from switching search engines.
Google plans to appeal the decision.
Potential consequences are likely years away , but could include selloff, restructuring, or cessation of default search engine payments.
Patchstack Launches Academy for Educating Security Researchers
Patchstack Academy is a collaborative platform for security researchers and developers to learn and contribute.“WordPress is an amazing CMS, but it causes some security issues… the more researchers there are, the more secure is the whole ecosystem.” The platform is for beginners and experienced researchers alike, focusing on understanding WordPress-specific security challenges.
Participants are encouraged to review the How to Contribute guide before creating or fixing content.
OpenAI Reimagines Web Search with SearchGPT
OpenAI has introduced SearchGPT , a combination of AI models with real-time web information for faster answers.The prototype offers direct responses to questions with up-to-date information and relevant source links.
Users can ask follow-up questions, building context with each query for more natural interaction.
SearchGPT partners with publishers for high quality journalistic content and helps users discover publishers’ sites.
Join the waitlist to try out SearchGPT for yourself.
Worth a Look
