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The antitrust verdict against Google may potentially expose Apple to a financial risk of $20 billion.

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Wall Street analysts suggested that a possible solution for Google to prevent antitrust lawsuits could be to end the deal that makes its search engine the default on Apple devices.

According to analysts at Morgan Stanley, Google pays Apple approximately $20 billion per year, which amounts to around 36% of its earnings from search advertising produced through the Safari browser.

According to analysts, if the acquisition is cancelled, the iPhone manufacturer might experience a decrease in earnings ranging from 4% to 6%.

According to media reports in May that referenced a document submitted by the Department of Justice in the antitrust case, the agreement is in effect until at least September 2026, and Apple has the authority to independently prolong it for an additional two years.

“The judge is expected to rule that Google should cease paying for default placement or that companies such as Apple should actively encourage users to choose their search engine instead of setting a default option and allowing consumers to modify settings if desired,” stated Evercore ISI analysts.

Apple’s stock remained stable on Tuesday, failing to match the overall market’s rebound following Monday’s worldwide sell-off. The Alphabet stock saw a slight modification, decreasing by 4.5% in the preceding trading session.

“The main point here is that if you have a strong position in the market with a product, it is advisable to refrain from using exclusive agreements and ensure that any agreement you make allows the buyer to freely choose to substitute the product,” stated Herbert Hovenkamp, a law professor at the University of Pennsylvania.

Indeed, the “remedy” stage may be protracted, subsequently leading to possible appeals to the U.S. Court of Appeals, the District of Columbia Circuit, and the U.S. Supreme Court. The legal dispute might last until 2026.
Artificial Intelligence Malfunction

If the partnership is canceled, Apple will have other possibilities, such as providing users with options like Microsoft Bing or potentially introducing a new search product utilizing OpenAI’s technology.

Experts concur that the decision will accelerate Apple’s transition to AI-driven search services. It has lately declared its intention to integrate OpenAI’s ChatGPT chatbot into its products.

Apple has announced that it is engaging in discussions with Google to incorporate the Gemini chatbot, along with other artificial intelligence models, as part of its strategy to move away from exclusive agreements that could attract regulatory scrutiny.

Apple is enhancing Siri with artificial intelligence (AI) technology, empowering it with greater capabilities to manage challenging tasks like composing emails and engaging with messages.

Although it is anticipated that these endeavors will generate minimal revenue in the near future, they have the potential to make use of the emerging technologies.

“Apple may perceive this as a transient obstacle, particularly considering its substantial earnings from the Google search agreement. However, it also presents an opportunity for the company to shift its focus towards artificial intelligence solutions for search,” stated Gadjo Sevilla, an analyst at Emarketer.

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Resolving 9900 Out of 10515 Complaints: Legal Advisor’s Press Briefing

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Under Dr. Asif Mahmood Jah’s direction, the Office of the Federal Tax Ombudsman has accomplished a great deal in protecting taxpayer rights and resolving tax disputes.

Speaking at a news conference, Legal Advisor Almas Ali Jovindah mentioned that the FTO has been quite efficient, receiving 10,515 complaints and resolving 9,900 of them in the past ten months.

According to him, Dr. Jah addressed systemic flaws within tax administration by initiating 31 own-motion investigations. For the purpose of informing taxpayers of their rights, the FTO held 117 outreach workshops in the year 2024. Accessibility has also been enhanced by the incorporation of paperless and remote hearings.

He brought up the fact that a recent FBR recommendation had pushed for simpler sales tax filing and remedied unjust tax practices.

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Technology and Education Are Important: Rapid Technological Developments Are Changing Everybody’s Lives

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During his speech at a seminar held in Karachi, Federal Minister Musaddik Malik emphasized the significant role that technology plays in defining and managing modern-day life. He also highlighted the importance of adjusting to the rapid innovations that are reshaping every element of society and emphasized the need to embrace these changes.

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ATC Review Meeting Chaired by CJP: Meeting Evaluations ATC Performance: Handle the Main Issues

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Today at the Supreme Court, the Administrative Judges of Anti-Terrorism Courts met under the direction of Justice Yahya Afridi, the Chief Justice of Pakistan.

The meeting discussed important issues and evaluated the ATCs’ performance in order to guarantee the prompt and effective administration of justice in anti-terrorism cases.

Participants included the Prosecutors General from each province and the Islamabad Capital Territory, as well as Monitoring Judges from the Supreme Court and the ATC Courts.

Additionally present at the meeting were the Secretary of the Law and Justice Commission of Pakistan and the Registrar of the Supreme Court.

Throughout the conference, the Chief Justice gave clear instructions. In order to help Balochistan operationalize FSL Labs in Quetta, he directed the Forensic Science Laboratory in Sindh to provide support.

The Chief Justice ordered that ATC judges who have served out their tenure be placed in appropriate roles.

Additionally, he declared that the Law and Justice Commission of Pakistan would promote the possibility for exceptional ATC judges to receive training abroad.

In order to raise these matters to the attention of their respective governments, the Chief Justice urged the Attorney General for Pakistan and the Prosecutors General of each Province.

He underlined the necessity of prompt and concerted action to meet the ATCs’ resource and infrastructural requirements, which are critical to guaranteeing prompt and equitable resolutions in anti-terrorism matters.

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