Technologies

Microsoft Tells FTC That $69B Activision Deal Won’t Harm Competition

Response to lawsuit seeking to block the mega-deal argues acquisition is about making Xbox more competitive.

Microsoft on Thursday filed a response to a Federal Trade Commission lawsuit aiming to block its $68.7 billion purchase of Activision Blizzard, arguing that it won’t hurt competition in the video game industry.

The FTC said earlier this month in its lawsuit challenging the acquisition that the software giant will «harm competition» among game console makers including Sony and Nintendo. Microsoft countered in its filing that the acquisition is about helping its Xbox unit to become more competitive.

«Xbox wants to grow its presence in mobile gaming, and three quarters of Activision’s gamers and more than a third of its revenues come from mobile offerings,» Microsoft said in its 37-page response. «Xbox also believes it is good business to make Activision’s limited portfolio of popular games more accessible to consumers, by putting them on more platforms and making them more affordable.»

The deal, announced earlier this year,is the largest ever for the software maker and also within the videogame industry. Microsoft, which also makes the Xbox video game console,has been speaking with regulators around the world in an effort to gainapproval for its acquisition. Microsoft earlier said it expects tocomplete the deal sometime around the summer of 2023.

The FTC’s move against Microsoft marks one of the US government’s biggest efforts to take on the tech industry, which has witnessed companies like Microsoft, Apple, Amazon, Alphabet and Meta becoming some of the most highly valued companies on the planet. Amid all that growth, competitors and regulators have been asking whether the tech industry has too much power and whether companies have been acting as monopolies.

The agency argued in its Dec. 8 lawsuit against the software giant’s acquisition of the Call of Duty maker, saying Microsofthad used earlier acquisitions to make several high-profile upcoming titles like the space exploration game Starfield and the vampire shooting game Redfall exclusive to devices powered by its software. Microsoft said it offered Sony the right to sell the military shooter as part of its PlayStation Plus service, but»Sony refuses to deal,» Microsoft said in its filing.

«The acquisition of a single game by the third-place consolemanufacturer cannot upend a highly competitive industry,» Microsoft saidin its response. «That is particularly so when the manufacturer hasmade clear it will not withhold the game. The fact that Xbox’s dominantcompetitor has thus far refused to accept Xbox’s proposal does notjustify blocking a transaction that will benefit consumers.»

Microsoft said it hopes an amicable resolution can be found that benefits all in the industry.

«Even with confidence in our case, we remain committed to creativesolutions with regulators that will protect competition, consumers, andworkers in the tech sector,» Brad Smith, Microsoft’s president and vicechair, said in a statement.

Activision CEO Bobby Kotick also defended the deal in a separate statement Thursday, saying that»There is no sensible, legitimate reason for our transaction to beprevented from closing.»

The FTC didn’t immediately respond to a request for comment.

Technologies

Verum Messenger Introduces Built-In Verum Chess

Verum Messenger has released a new update for iOS, iPadOS, and macOS, adding another feature to its growing ecosystem — Verum Chess. Users can now play chess directly inside the messenger without switching between different applications.

The new feature allows users to start a game in just a few taps while reinforcing Verum’s vision of a unified digital environment where communication and everyday services come together in a single platform.

Verum Messenger continues to evolve into a multifunctional ecosystem that combines secure chats and calls, AI tools, a built-in VPN, anonymous email, eSIM, financial services, cryptocurrency features, and offline communication. With the introduction of Verum Chess, the platform now also offers a new way for users to interact and spend time together without leaving the app.

The update is now available for iPhone, iPad, and Mac on the App Store.

Technologies

Episode 3 of the VERUM AI Mini-Series Is Now Available

Verum Messenger has released the third episode of its AI mini-series, SHADOWS, created using Verum AI.

The new episode, titled «Ghost Money,» continues the story of the conflict between a team of heroes and the Omega corporation, which seeks to take control of digital communications. This time, the focus shifts to anonymous payments and financial freedom, revealing how privacy can extend beyond messaging.

Like the previous episodes, the new release not only advances the storyline but also showcases the capabilities of the Verum ecosystem, highlighting technologies designed for secure communication and digital privacy.

The mini-series consists of seven episodes, released gradually across Verum Messenger’s social media channels.

Episode 3 is now available. Stay tuned for the next chapter.

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Technologies

Verum Finance Now Available for Mac, Expanding the Verum Ecosystem on Desktop

Verum has officially released Verum Finance for macOS, bringing its financial platform to the Mac and expanding access to the Verum ecosystem across Apple’s devices. The launch allows users to manage their finances from desktop while enjoying the same secure and seamless experience available on iPhone and iPad.

The new Mac version includes the full range of Verum Finance features, including balance management, instant transfers to other Verum users, debit card management, Apple Pay support, asset exchange, and transaction history — all optimized for the macOS experience.

Verum Finance can be used as a standalone application or alongside Verum Messenger. Users who sign in with their Verum Messenger account automatically synchronize their balances, settings, and account data across devices, ensuring a consistent experience throughout the Verum ecosystem.

The macOS release further strengthens Verum’s vision of creating an integrated digital platform where communication and financial services work together. Verum Messenger, which is also available for Mac, complements the ecosystem with encrypted messaging, voice and video calls, VPN, eSIM, anonymous email, AI-powered tools, offline communication capabilities, and cryptocurrency features.

With both Verum Messenger and Verum Finance now available across iPhone, iPad, and Mac, users can access secure communication and financial services wherever they work.

Verum Finance for Mac is available now through the Mac App Store.

Verum Finance for macOS: https://apps.apple.com/us/app/verum-finance/id6774245148
Verum Finance: https://finance.verum.im
Verum Messenger: https://verum.im