Technologies

Elon Musk weighs in on Epic Games v. Apple suit

The Tesla and SpaceX CEO called Apple’s App Store fees a «de facto global tax on the Internet.» His comment comes ahead of a decision in the suit.

Elon Musk has some thoughts to share on Epic’s legal spat with Apple.

Fortnite maker Epic Games sued Apple after the game was removed from the iOS App Store in August. This came after Epic built a direct payment system into its game that would allow it to bypass Apple’s 30% fee for App Store purchases. Epic accused the iPhone maker of anticompetitive practice, and argues the App Store is monopolistic. Apple calls Epic’s lawsuit a marketing stunt and argues that the App Store gives developers access to a huge audience of iPhone and iPad users.

Musk has his own thoughts. The Tesla and SpaceX CEO on Friday said in a tweet, «Apple app store fees are a de facto global tax on the Internet. Epic is right.»

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He added: «Normally, competitive pressure would force Apple to lower fees, but Apple & Android have a duopoly on phones. When interface familiarity is taken into account, it’s basically a monopoly. The effective 30% sales tax Apple charges is hidden from users or there would be an outcry.»

Apple didn’t immediately respond to a request for comment. Epic declined to comment.

Musk’s comments come as both companies await a judge’s decision in the lawsuit. After many hearings and trials that went on for nearly nine months, Apple and Epic made their final pitches to a US District Court in California on May 24. The case also will soon be brought to an Australian court.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.