Raghavan’s testimony for the first time revealed that Google paid $26.3 billion in 2021 for default agreements, seemingly investing in default status for its search engine while raking in $146.4 billion in revenue from search advertising that year. Raghavan cited research “That found that Americans spend about 23 minutes a day surfing the web, versus almost four hours using applications,” The Times reported, and noted that if Google loses young users, research showed the threat gets bigger. Google has planned a three-week presentation of its defense, The New York Times reported, and Raghavan’s testimony has set the stage for Google CEO Sundar Pichai, who will testify on Monday.

Source: Google loses fight to hide 2021 money pit: $26B in default contracts