Connect with us

Technologies

Meta Wins Antitrust Case, Won’t Have to Give Up WhatsApp or Instagram

The FTC claimed Meta held an illegal monopoly in social networking.

Meta has won its antitrust case against the Federal Trade Commission. The FTC said Meta held an illegal monopoly in social networking — centering on the company’s acquisitions of WhatsApp and Instagram.

Judge James Boasberg of the US District Court for the District of Columbia released a memorandum opinion on Tuesday, stating that the FTC failed to prove its claims in court.


Don’t miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.


«Whether or not Meta enjoyed monopoly power in the past,» Boasberg wrote in the filing, «the agency must show that it continues to hold such power now.»

Boasberg initially dismissed the FTC’s complaint in 2021, stating that the agency lacked sufficient evidence that Meta holds «market power» in the social networking industry. At the time, the FTC argued that «Facebook’s course of conduct has eliminated nascent rivals,» preventing «the benefits of competition, including increased choice, quality and innovation» from developing for US social media users.

After the FTC amended its filing with information about Meta’s user numbers and acquisitions of the WhatsApp and Instagram applications, Boasberg allowed the case to proceed in 2022.

The trial began in April, and multiple high-ranking current and former Meta executives testified before the court — chief among them, Meta CEO Mark Zuckerberg. Much of Zuckerberg’s testimony focused on refuting the FTC’s primary claim, which hinged on an argument Zuckerberg made in 2008: «It is better to buy than compete.»

Meta’s win means the company will be able to continue operating WhatsApp and Instagram unimpeded. Had the FTC proven its claims in court, Meta likely would have had to break these applications off into their own separate social networking companies.

Meta released a public statement on Tuesday, stating that the decision «recognizes that Meta faces fierce competition» in the social networking industry.

«Our products are beneficial for people and businesses and exemplify American innovation and economic growth,» the statement read. «We look forward to continuing to partner with the Administration and to invest in America.»

FTC Director of Public Affairs Joe Simonson said the agency is «deeply disappointed» with the outcome of the case. 

«The deck was always stacked against us with Judge Boasberg, who is currently facing articles of impeachment,» he said. «We are reviewing all our options.»

Republican lawmakers have tried multiple times to impeach Boasberg, a frequent political target of the Trump administration.

While Meta’s antitrust case may be over, it didn’t take place in a vacuum. Google recently settled a case with the FTC that resulted in the search giant being told it must share limited search and user-interaction data with «qualified competitors.» Another case targeting Google’s AI overview feature is ongoing in the European Union, as a group of publishers claims the company is causing harm due to a loss of traffic, readership, and revenue.

Technologies

Verum Messenger Introduces Built-In Verum Chess

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.

Continue Reading

Technologies

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

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.

Watch on Instagram 
Watch on YouTube 

Continue Reading

Technologies

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

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

Continue Reading

Trending

Copyright © Verum World Media