11/9/2023 0 Comments Facebook from meta meaningJust last week we saw reports that highlighted leaked plans of the social media giant working on rebranding plans after a bunch of scandals shed light on the dark side of the social media platforms, especially after Frances Haugen, shared how the social media platform drives engagement with utter disregard for the mental health of its users.ĭo you think this rebranding will help do the damage control Zuckerberg hopes it does? Tell us in the comments below and keep reading for the latest science and technology news. Today’s announcement does not affect how we use or share data.”Īlso Read: New Whistleblower Alleges Facebook's Poor Response To Hate Speech & Misinformation Meta Platforms Technologies Products such as Meta Horizon Worlds or Meta Quest (when using a Facebook or Meta account) Shops. Instagram (including apps like Threads and Boomerang) Meta Portal-branded devices. We also intend to start trading under the new stock ticker we have reserved, MVRS, on December 1. The Meta Products include: Facebook (including the Facebook mobile app and in-app browser) Messenger. He said in a statement, “Starting with our results for the fourth quarter of 2021, we plan to report on two operating segments: Family of Apps and Reality Labs. In a blog post, Zuckerberg has also highlighted that there will be no changes to the company’s corporate structure, however, there will be changes to its financial results. Going on the latter takes you to Facebook’s welcome page, which also highlights the changes that are coming along the way.Īlso Read: Hateful Ads On Facebook Are Cheaper Than Other Ads, Says Facebook Whistleblower Zuckerberg is in charge of the Twitter handle and. Under Meta, you’ll have all of Facebook’s products - Facebook, Instagram, WhatsApp and Oculus - similar to Alphabet and Google. In case you were wondering what’s really going on, Facebook is just changing the name of its parent company (which was also Facebook) to Meta. Our mission remains the same, still about bringing people together, our apps and their brands, they're not changing." He added, "I am proud to announce that starting today, our company is now Meta. While announcing the new name, Zuckerberg said in a statement, "We've learned a lot from struggling with social issues and living under closed platforms, and now it is time to take everything that we've learned and help build the next chapter." The announcement was made at the company’s annual Connect event. Meta won.Facebook founder and CEO, Mark Zuckerberg has announced that it is changing the name of its company to “Meta” - edging closer to its metaverse future.Īlso Read: Defying Whistleblowers, Zuckerberg Blames 'Coordinated' Attack On Facebook In November and February Dfinity Foundation, a nonprofit focused on the blockchain, tried to sue Meta Platforms saying that their infinity logos were too similar. In December 2021, the company bought the trademark assets of Meta Financial Group for a reported $60 million. Still, it seems like Meta Platforms is interested in spending some money on some Meta trademark assets. Entrepreneur was not able to find a publicly available concomitant lawsuit nor able to get in touch with the company for comment. The company reportedly said it wanted $20 million for the mark but declined to confirm to Insider. Metacapital did not respond to a request for comment.Īlso reportedly planning on suing Meta, presumably for trademark infringement, is Meta PC, which builds ultra-powerful computer systems well-suited for gaming. Meta Platforms is also looking at a suit filed in early September from a company called Metacapital Management, an investment firm that claims it has been using its mark since 2001, obtained trademarks in 2002, and is asking for damages of $60 million. Related: All You Need to Know About Using Trademarks for Your Business Facebook CEO Mark Zuckerberg announced Thursday at his company’s Connect event that its new. (Her company helps entrepreneurs with trademarks and is not involved in the case.) Mark Zuckerberg announced that Facebook’s new name will be Meta. "You don't mix up Dove chocolates and Dove soap," said Shymane Robinson, principal attorney at Chicago-based True Lawyer. It comes down to whether or not the trademarks have a similar enough name and logo (and belong to a similar enough group of goods or services) that consumers might mix them up. One of the most important concepts in evaluating trademark infringement, though, is the "likelihood for confusion," per the USPTO. Meta Platforms has purchased a host of virtual reality startups (although the FTC tried to stop the years-long buying spree, in the case of one acquisition). In its lawsuit, MetaX claims Meta Platforms is working in the same industry with the same clients and providing the same services - such as immersive experiences at Coachella, while Meta Platforms argues, per Bolognino, that it's in a different industry - one is a "social technology" company and the other a "multi-sensory live experiences" company.īolognino heartily disputes that take.
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