Vietnam.vn - Nền tảng quảng bá Việt Nam

How much is the Chrome browser worth?

Báo Quốc TếBáo Quốc Tế24/11/2024

According to Bloomberg calculations, Google's Chrome browser is worth between $15 and $20 billion.


According to Bloomberg , the US Department of Justice is trying to force Google to sell Chrome. The fate of this browser is in the hands of Judge Amit Mehta, who in August declared Google an illegal monopoly in the search market.

Trình duyệt Chrome là cánh cửa dẫn đến nhiều dịch vụ khác của Google
The Chrome browser is a gateway to many other Google services.

Judge Mehta said Alphabet, Google’s parent company, spent a total of $26 billion in 2021 to make Chrome the default option on smartphones and computers, giving it an advantage over other competitors. The judge said no one had been able to challenge Google’s dominance for more than a decade.

In addition, the US Justice Department also wants Judge Mehta to set requirements for AI and Google's Android operating system.

Alphabet's market capitalization is more than $2 trillion, largely thanks to Google's hugely profitable advertising business, Judge Mehta said.

Chrome is the most popular web browser in the US market with 61% market share, according to web traffic analytics firm StatCounter. Google holds more than 88% of the search engine market share in this market.

Google also uses Chrome to direct users to Gemini, its own AI chatbot.

If Judge Mehta agrees with the Justice Department's proposal, Chrome would be worth at least $15 billion to $20 billion given its more than 3 billion monthly users, according to Bloomberg .

Techalysis Research analyst Bob O'Donnell also commented that this is not the direct revenue from Chrome, but this browser acts as a gateway to everything else.

Meanwhile, Google Vice President of Legal Affairs Lee-Anne Mulholland argued that the Justice Department's approach threatened consumers, developers, and America's technology leadership at a time when it was needed most.



Source

Comment (0)

No data
No data

Same tag

Same category

'Patriotic baby' trend spreads across social networks ahead of April 30th holiday
Coffee shop causes fever with national flag drink on April 30 holiday
Memories of a commando soldier in a historic victory
The moment a female astronaut of Vietnamese origin said "Hello Vietnam" outside Earth

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product