Last week, Facebook introduced a rebranding through which they are going to be formally calling themselves “Meta” any more. However, remember that that is for Facebook’s dad or mum firm, and that the social media platform will proceed to be referred to as Facebook and different merchandise like WhatsApp and Instagram will now be a subsidiary of Meta.
That being mentioned, plainly the identify change to Meta may price the corporate a fairly penny. This is as a result of it seems that again in August, Zach Shutt filed for the trademark “Meta” for his startup PC firm, which had already bought merchandise beneath the Meta PC model again in November of 2020.
Facebook, alternatively, filed for the trademark on the 28th of October, however neither submitting has been authorized which implies that there might be a authorized battle over the identify. However, in line with TMZ, Meta PC’s Schutt and cofounder Joe Darger have prompt that they’re prepared to face down if Mark Zuckerberg was prepared to pay them $20 million for the identify.
Facebook has but to touch upon this problem, so it’s unclear how it will proceed. That being mentioned, now we have seen numerous cases of all these conditions previously, so whether or not Facebook will simply collapse pay $20 million for Meta PC to step down, or combat it out within the court docket of regulation stays to be seen.
Filed in . Read extra about Facebook. Source: businessinsider
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