Hawaii investigates unsolicited land offers as the state tries to keep Lahaina in local hands
Hawaii is opening several investigations into people who allegedly have made unsolicited offers for property in the fire-stricken town of Lahaina in violation of a new emergency order
2023-09-01 12:27
DoorDash Expands Partnership with ALDI to Offer Responsible Alcohol Delivery
SAN FRANCISCO--(BUSINESS WIRE)--Sep 18, 2023--
2023-09-18 21:21
Biden, McCarthy Have Productive Talk on Debt But No Deal Yet
House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk but have not yet
2023-05-23 07:47
Berkshire Hathaway HomeServices California Properties President Martha Mosier to Appear at RISMedia’s 2023 CEO and Leadership Exchange
SAN DIEGO--(BUSINESS WIRE)--Sep 5, 2023--
2023-09-05 18:20
Elon Musk’s ‘X’ already trademarked by Mark Zuckerberg’s Meta for ‘social networking services’
Elon Musk may face legal difficulties after rebranding Twitter to X, trademark experts have warned, with tech rivals Meta and Microsoft both owning intellectual property rights for the letter. The tech billionaire renamed the social network on Monday, nine months after taking over the company in a $44 billion deal. The name change forms part of his plan to turn the platform into an “everything app”, which will offer services akin to China’s WeChat and India’s PayTM. X chief executive Linda Yaccarino said the company wanted to “transform the global town square” to integrate payments, banking and create a “global marketplace for ideas, goods, services, and opportunities”. Before achieving this goal, however, IP lawyers claim Mr Musk’s firm may face challenges from its competitors. “There’s a 100 per cent chance that Twitter is going to get sued over this by somebody,” US trademark lawyer Josh Gerben told Reuters, noting that there are nearly 900 active US trademark registrations that already cover the letter X. These include Mark Zuckerberg’s Meta, which owns a federal trademark for a blue-and-white letter ‘X’ relating to “social networking services in the fields of entertainment, gaming and application development”. Microsoft also has registered trademarks for the letter ‘X’ relating to its Xbox video game console. Neither company responded to a request for comment. Mr Musk first owned the X.com domain in 1999, when he founded a financial services company that later went on to become PayPal. He reacquired the domain in 2017 after making a deal with his former company, before tweeting in October 2022 that buying Twitter was “an accelerant to creating X, the everything app”. It is not clear whether Mr Musk has applied for a trademark for X, but if he succeeds he may still face difficulties in protecting the registered rights against other brands using the letter. “The very essence of trade mark registration is obtaining an exclusive right to the brand that is registered,” Matthew Harris, a trademark lawyer with Pinsent Masons, told The Independent. “It may be difficult to obtain for Elon Musk under the ‘X’ rebrand, not to mention the difficulty, should he obtain registered protection, in trying to enforce any registered rights in ‘X’ against other brands using a similar name.” Read More What is Elon Musk’s ‘everything app’ X? Twitter to X: Why Elon Musk rebranded the social networking platform Twitter rebrands to X as Elon Musk loses iconic bird logo What is Elon Musk’s ‘everything app’ X?
2023-07-25 20:56
Macquarie Tumbles After Flagging Profit Hit on Weak Trading
Macquarie Group Ltd. said weak trading conditions in the first quarter will mean profit is “substantially down” from
2023-07-27 10:27
BRICS Expansions Wins Backing From South Africa’s Ramaphosa
South African President Cyril Ramaphosa expressed support for an expansion of the BRICS group of emerging market powers,
2023-08-21 04:49
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:27
House GOP Mulls Stopgap for 14 to 60 Days to Stave Off Shutdown
Republicans are eyeing a stopgap government funding measure that would range from 14 to 60 days, according to
2023-09-24 05:20
VP Kamala Harris unveils proposed rule change to cut US childcare costs
WASHINGTON (Reuters) -U.S. Vice President Kamala Harris on Tuesday announced new steps to lower the cost of childcare for American
2023-07-12 02:59
How a Billionaire Banker Is Helping Elite US Colleges Recruit New Talent
Byron Trott says the small Missouri town where he grew up wasn’t the kind of place that got
2023-11-21 19:47
Patterson-UTI to Buy NexTier Creating Shale-Services Giant
Patterson-UTI Energy Inc. agreed to acquire NexTier Oilfield Solutions Inc. in an all-stock deal worth $1.9 billion that
2023-06-15 23:47
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