Apple to pump $2.7 billion in LG Display to secure OLED panels for future iPhones

According to a new report out of South Korea today, Apple is investing KRW 3 trillion (about $ 2.7 billion) in LG Display. The point of this is to ensure a stable supply of OLED panels for future iPhones, the ones coming in 2018 and beyond. We’ve already heard that Apple plans on going OLED-only for its handsets starting next year, and this sort of confirms that. The investment will basically serve as an advance payment for said OLED panels to be manufactured in the future. Apple has long been rumored to have made a deal with Samsung for the OLED screen of the iPhone 8 coming this year, but… – Latest articles

How the $2.7 billion EU antitrust fine could change Google search

Google Shopping will most likely revert to an earlier version in Europe.

The European Union has fined Google $ 2.7 billion for allegedly favoring its own shopping service over others in search results.

This fine for anticompetitive behavior requires Google to change the design of Google Shopping in Europe within 90 days in order to meet the region’s legal requirements. Google will consider an appeal during that time period, which means that while the company tries to figure out how to adapt to the ruling, it will also be fighting it.

The EU hasn’t specified what changes Google should make — that’s up to the company. But if Google makes changes that don’t satisfy Europe, it will be sent back to the drawing board.

Whatever changes Google might make could impact its bottom line even beyond the hefty fine the company already faces.

Revert to an older version

The changes would most likely see Google reverting to an older version of its shopping feature in Europe.

Google Shopping was first released as Froogle in the early 2000s, and was later renamed Google Product search. Over the course of its development, Google has restricted the service to only displaying paying ads, and not including free results.

The service has also received more prominent placement. Whereas previously it was accessed through one of the “more” tabs on the Google search page, results from Google Shopping now display at the very top of the search results page when a user searches for a product that yields shopping results.

“This strategy relied on Google’s dominance in general internet search, instead of competition on the merits in comparison shopping markets,” reads the commission’s press release.

Reverting to an earlier design might look like a shopping-result box that displays below some non-paying search results, or Google might try placing Google Shopping ads on the side of the results page.

Reverting to relegating the feature to its own separate page would also seem like it could satisfy the commission’s requirements, but that seems like a more extreme move than Google would be willing to make, because it would basically bury the shopping tool itself.

Credit Suisse analysts have also suggested that Google might elect to swap out one of the paying ads in its Google Shopping feature for a free slot. Or, if it wants to do something even more low-impact, the company could just add an additional link for a competing product that’s not included in its ads to the right of the ads on the search page.

But changes could mean less ad revenue

Depending on the change Google makes, it could result in less ad revenue. Displaying paid shopping ads less prominently by putting them below some organic results could make the ads less valuable to the companies buying them, as would relegating results to a separate page.

Swapping out a paid ad for a non-paying slot might not erode the value of an individual ad, but it would mean that Google shows fewer paid shopping ads. And adding a spot to the right for a free shopping result might make it less attractive to buy an ad if a potential advertiser thinks their content can rise to that spot organically, or it might just cheapen the real estate by making the shopping feature more crowded.

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EU issues record-breaking $2.7 billion fine to Google for antitrust violations

Google’s ongoing regulatory headaches in the EU have today resulted in a whopping $ 2.7 billion fine, the most significant regulatory penalty in the EU since the 2004 Microsoft decision. This fine stems from Google’s handling of shopping searches and the way its own comparison tools are allegedly given preferential treatment. It’s now up to Google to change its search practices, and that could affect the way it operates in other regions as well.

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EU issues record-breaking $ 2.7 billion fine to Google for antitrust violations was written by the awesome team at Android Police.

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EU hammers Google with $2.7 billion antitrust fine for illegal search manipulation

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The European Commission has wrapped up its antitrust investigation against Google, and has decreed that it must pay $ 2.72 billion to settle charges related to it favoring its own products over rivals in search results.
AppleInsider – Frontpage News

Recode Daily: Trump’s ban travels to the Supreme Court; Google owes the EU $2.7 billion

Plus the iPhone turns 10, and Amazon’s Echo Show is watching you.

The Supreme Court said it will allow some parts of President Trump’s so-called “travel ban” to go into effect. The case, which will be heard in October, sets the stage for a major decision on the scope of presidential power. [Tony Romm / Recode]

The European Union slapped Google with a record-breaking $ 2.7 billion fine. The EU says Google’s comparison shopping service favors its own results over competitors; Google continues to say it hasn’t done anything wrong. [Tony Romm / Recode]

Sprint has begun talks with cable companies Charter and Comcast, who are exploring a deal to offer wireless service. The two-month agreement for exclusive negotiation might include the possibility of the cable giants jointly buying Sprint, and puts discussion of a potential merger with T-Mobile on hold. [The Wall Street Journal]

The reviews are in for the $ 230 Echo Show, Amazon’s latest smart-home device. This one has a seven-inch angled touchscreen — not only is it always listening, but it sees you, too. Some tech types love it — to The Verge, it conjured “the old dream of the ‘Information Appliance.’” Others some see it as somewhat creepy and potentially invasive — basically Siri on a propped-up iPad, waiting for a defining use case to come along. [Dieter Bohn / The Verge]

Apple released the first iPhone 10 years ago this week. These 10 charts show how the iPhone changed everything, from how people work to chewing gum sales, making Apple the world’s most valuable company in the process. [Rani Molla / Recode]

Facebook may finally have to compromise its user experience in order to keep growing its revenue. Facebook’s News Feed faces a choice: Insert ads within the user-generated content it controls and tempt the fate of Myspace, or make already ad-supported publisher content its own and deal with a host of fractious partners scrabbling for revenue. [Tony Haile / Recode]

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Vimeo says it’s not going to launch a video subscription service, after all.

Cross one off the list.

MIT is building autonomous drones that can both drive and fly.

Flying takes a lot of battery life, but driving means getting stuck in traffic.

Florida is now the fourth state to permit delivery robots on sidewalks.

The robot delivery company Starship Technologies is helping to pass state laws across the country.

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An ecosystem for self-driving cars is emerging.

This is cool

On beyond Etch A Sketch

Google’s latest AI experiment autocompletes your daily doodles: Start with any shape, and Google Brain’s web app communicates with a neural network to finish your sketch, using predictions and its past experience digesting millions of user-generated examples.

[The Verge]

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