Apple has requested to participate in Google's upcoming U.S. antitrust trial, arguing that it must defend its lucrative revenue-sharing agreements with the tech giant, which send billions in payments each year for making Google the default search engine on Safari.
Apple's lawyers stated in court filings that the company cannot rely on Google to protect the interests of its revenue-sharing deal, which amounted to an estimated $20 billion in 2022 alone. Despite this, Apple clarified it has no plans to develop its own search engine to compete with Google.
As part of the trial, the U.S. Department of Justice is pushing for measures that could break up Google’s search dominance, possibly involving the sale of its Chrome browser and Android operating system to foster competition. Apple’s participation in the case is aimed at ensuring its interests are represented, with plans to call witnesses during the trial scheduled for April.
Google, in response, has proposed easing default agreements with developers and carriers, but it has not agreed to end its revenue-sharing model, which is central to its deal with Apple. This landmark antitrust case could significantly impact the way users interact with online search tools.
A spokesperson for Google declined to comment.
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In central bank vaults around the world, a quiet shift is underway. Gold is moving home. What was once stored comfortably in New York, London or other established financial centres is increasingly being reviewed, diversified or repatriated. This is not panic. It is prudence.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th July, covering the latest developments you need to know.
At least six people were killed and 21 others injured after two earthquakes struck Peru's central Junín region, destroying dozens of homes and triggering a major emergency response.
Kylian Mbappé has become the first player to win the FIFA World Cup Golden Boot on more than one occasion. The French forward won the award presented to the top goalscorer of the tournament for the second time, despite France being knocked out in the semi-finals.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Spain are world champions for the second time after Ferran Torres' extra-time winner secured a 1-0 victory over Argentina in the 2026 FIFA World Cup final at New York New Jersey Stadium.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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