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Google CEO’s Concerns Exposed: Sundar Pichai Worried About Talent Drain to Apple

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Google CEO’s Concerns Exposed: Sundar Pichai Worried About Talent Drain to Apple

CEO’s Apprehension Unveiled

Alphabet Inc. GOOG GOOGL and Google CEO Sundar Pichai revealed concerns over losing top talent, particularly to Apple.

Recent Revelations: During an ongoing antitrust lawsuit, a leaked email exchange exposed Pichai’s unease about Apple potentially developing its own search engine.

The leaked correspondence showed Pichai’s request for monthly reports on talent attrition to competitors, with a specific emphasis on Apple. He demanded to be informed about any talent moving to the rival company.

Remarkably: Analysts believe that Google paid Apple an astonishing $10 billion in 2020 to secure its position as the default search engine on iPhones, a figure likely to have increased to $15 billion.

Google’s filings also shed light on Microsoft’s failed attempt to sell Bing to Apple, as the latter opted to maintain its lucrative deal with Google worth $19 billion.

Apple’s senior vice president of services, Eddy Cue, defended the Google partnership, asserting that it was mutually beneficial.

Significance: Pichai’s leadership has faced escalating scrutiny, notably regarding Google’s artificial intelligence endeavors.

The Gemini scandal has further compounded issues for Google, leading to calls for Pichai to resign. Notably, Google co-founder Sergey Brin reemerged, criticizing Gemini’s image generator.

Viewing the scandal as “completely unacceptable,” Pichai addressed it in an internal communication.

A prior letter from another Google veteran highlighted record-low employee morale at the tech giant.

Market Response: Google’s stock weakened by 0.20% on the last trading day, according to Benzinga Pro data.

For more on Benzinga’s Consumer Tech insights, check out this link.

Discover how Sam Altman addressed his return to the OpenAI Board by clicking here.

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