Meta trademark booked, Facebook may have to pay $20 million for the name
India Today
A US-based computer firm seems to have applied for the Meta trademark months before Facebook. The two founders of the company are now ready to give up their trademark application for a sum of $20 million.
Facebook's transition to Meta may not be as simple as making an announcement. While Facebook CEO Mark Zuckerberg has publicly announced that the conglomerate of Facebook-owned subsidiaries will be called Meta, the company is yet to gain a trademark for its new name. Apparently, that trademark has already been filed for by another company.
Meta PCs, an Arizona-based technology firm, has beaten Facebook to be the first to file a trademark application for the name "Meta." The trademark has not been granted to the firm yet but its application precedes that of Facebook for the contested name.
