Technologies

Microsoft Files Appeal to UK Blocking Activision Deal: What to Know

The massive deal could bring more games to your Xbox. But what about the Nintendo Switch and PS5?

After receiving approval from China’s competition regulators, Microsoft continues its fight to complete the $69 billion acquisition of game publisher Activision Blizzard by taking on UK regulators.

An appeal filed Wednesday by Microsoft to the Competition Appeal Tribunal says the deal’s denial contained «fundamental errors,» according to a report from Reuters. Microsoft will make its argument to the CAT, which can take several months to make a decision.

Microsoft first announced its plans to acquire Activision Blizzard in January 2022. Closing the deal would turn Xbox maker Microsoft into one of the top three video game publishers, right behind rival Sony. Activision Blizzard is one of the largest third-party publishers, with some major franchises that would give a much-needed boost to Microsoft’s games catalog, including Call of Duty, Candy Crush and Overwatch.

Though Microsoft has won a few merger-related battles recently, it still has a few more hurdles to clear before the deal is done.

Who’s left to approve the deal?

Microsoft still has to receive approval from regulators in the US. The Federal Trade Commission filed a lawsuit in December to challenge the acquisition, saying the deal would «enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription and cloud-gaming business.» A hearing is set for Aug. 2.

In April, the UK’s Competition and Markets Authority blocked the $69 billion deal, saying it would result in higher prices and fewer choices for gamers. Microsoft’s appeal to the ruling says the CMA «made fundamental errors in its calculation and assessment of market share data for cloud gaming services by failing to take account of constraints from native gaming (whereby gamers access games installed on their devices through a digital download or physical disc).»

Microsoft has continued to deny that the deal would hamper competition within the video game industry and continues to negotiate with regulators to get approval.

What does this deal mean for gamers?

For Xbox Game Pass subscribers, the deal means Activision Blizzard’s catalog of games will be incorporated into the service, likely similar to how Bethesda games were when Microsoft acquired that company in 2020.

How gamers who don’t have an Xbox, and instead use a Sony PlayStation or Nintendo Switch console, will be impacted is less clear. Critics of the deal are concerned that Microsoft could make future games developed by Activision unavailable on rival consoles. (Microsoft did just this for game developed by Bethesda.) This is especially concerning for a major Activision title like Call of Duty.

Microsoft already agreed to a 10-year deal with Nintendo to bring Call of Duty games to its consoles, but Sony reportedly rejected a similar agreement. Sony remains against the deal and continues to submit filings to regulators about its concerns over the acquisition.

What is cloud gaming?

Cloud gaming is the technology to stream video games remotely to a device such as a phone, tablet or smart TV. While the technology has been around for more than a decade, it’s only in recent years has it really taken off thanks in part to it being an added feature for Microsoft’s Xbox Game Pass and Sony’s PS Plus.

Other companies developed their own cloud gaming services, such as Amazon’s Luna and GeForce Now. The former made an agreement with Microsoft in February to bring more of its games to the service over the course of the next 10 years.

Technologies

Worldwide Financial Services Directory: BitcoinPay Trade Joins Financial1000

Exciting news for BitcoinPay Trade as the company is officially listed on Financial1000, a respected platform that connects individuals with a wide range of businesses and professionals in the financial sector. This new development marks an important milestone for BitcoinPay Trade, as it continues to expand its reach and offer its services to a growing global audience.

Financial1000 is a trusted directory that brings together financial service providers from around the world, offering users the opportunity to explore various businesses and professionals within the financial industry. BitcoinPay Trade’s inclusion on this platform ensures the company’s place in the rapidly growing digital finance landscape.

Visitors are invited to explore BitcoinPay Trade’s profile on Financial1000 to discover the services offered and stay up-to-date with the latest news and developments. The company’s page can be accessed here: BitcoinPay Trade on Financial1000.

With this new addition, BitcoinPay Trade looks forward to building new connections and strengthening its presence in the financial services industry, continuing to provide innovative solutions to clients worldwide.

Technologies

Verum Coin Now Available on HB Wallet

Verum Coin (VERUM) continues to expand its ecosystem and strengthen its position in the global cryptocurrency market. We are delighted to announce that Verum Coin is now available on HB Wallet — a modern, secure, and user-friendly solution for managing digital assets.

HB Wallet provides users with a high level of protection, an intuitive interface, and the ability to execute fast transactions. Now, Verum Coin holders can easily store, send, and receive their assets, taking advantage of this innovative wallet. The integration with HB Wallet opens new horizons for crypto enthusiasts, offering even greater flexibility and convenience in managing their investments.

This news underscores Verum Coin’s commitment to continuous improvement and the expansion of services aimed at providing the most secure and comfortable experience for users around the world.

About Verum Coin

Verum Coin is an innovative cryptocurrency focused on delivering advanced solutions for digital asset management in today’s financial landscape. By continually expanding its ecosystem, Verum Coin makes cryptocurrency transactions more accessible and convenient for users worldwide.

Technologies

Verum Messenger Celebrates Its 4th Anniversary: A Journey Towards Security, Innovation, and User Trust

Today, Verum Messenger, one of the leading messengers on the market, celebrates its 4th anniversary. Over the years, the app has become a symbol of security, privacy, and innovation in the world of digital communication, and continues to evolve confidently, introducing new features and improving the quality of service.

When Verum Messenger was launched in 2021, its goal was clear — to create a communication platform that puts data security first. Four years later, this messenger has proven that its approach works. The app has not only successfully implemented end-to-end encryption to protect messages but has also offered unique features such as the ability to block screenshots and screen recordings, the built-in Verum VPN service that ensures online anonymity and security, and one-click information clearing within the messenger.

Achievements and Innovations

Over the past four years, Verum Messenger has significantly expanded its capabilities and established itself as one of the most secure messengers. One of the key milestones was the integration of Verum E-SIM, a feature that allows users to connect to mobile internet without the need for a physical SIM card. This was a breakthrough for travelers who value flexibility and anonymity without being dependent on mobile carriers and roaming.

But the most important achievement was the introduction of Verum AI — a generative artificial intelligence developed in-house. This chatbot, integrated into the messenger, provides users with a unique opportunity to interact with an intelligent assistant capable of not only answering questions but also giving recommendations and solving everyday tasks. This feature is one of the first among messengers to offer its own neural network that continually adapts to users’ needs and improves its functionality.

Commitment to Data Security

It is important to note that data security remains the top priority for Verum Messenger. The company has always been dedicated to protecting privacy. In recent years, the app has introduced several improvements aimed at safeguarding users from data breaches and unauthorized access.

Moreover, Verum Messenger continues to develop and enhance its privacy settings, giving users control over who can view their information and who can contact them.

The Future of Verum Messenger

Now, four years after its launch, Verum Messenger is not stopping at its achievements. The company is actively working on new innovations and improvements that will help the messenger remain at the forefront of technology.

“Our users and their right to privacy and security have always been and will remain our top priority. We will continue to work to ensure that Verum Messenger remains the safest and most convenient tool for communication, considering new challenges and technologies,” the development team shares its plans.