
Explainer-How does the Fed stress test US banks?
By Pete Schroeder WASHINGTON The U.S. Federal Reserve is due to release the results of its annual bank
2023-06-28 18:23

Hollywood Writers, Studios Trade Barbs Ahead of Renewed Talks
Screenwriters and the group representing big Hollywood studios are scheduled to resume talks about a new contract on
2023-08-04 23:29

US economic growth accelerates in third quarter
By Lucia Mutikani WASHINGTON (Reuters) -The U.S. economy grew at its fastest pace in nearly two years in the third
2023-10-26 21:57

Revolutionizing AI Computation: Introducing Custom Mass Multiplication Circuits
MELBOURNE BEACH, Fla.--(BUSINESS WIRE)--Sep 6, 2023--
2023-09-06 22:53

America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds
America's wealthiest people are also some of the world's biggest polluters -- not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
2023-08-18 02:22

George Soros' Open Society Foundations plan to limit their grantmaking until February
Open Society Foundations said Wednesday that they plan to limit new grantmaking until February, as the nonprofits transition to a new operating model
2023-07-20 22:52

Colombia current account deficit shrank 36.3% in first quarter
BOGOTA Colombia's current account deficit shrank 36.3% in the first quarter compared with the same period last year,
2023-06-02 05:26

Lacking counselors, US schools turn to the booming business of online therapy
As schools across the U.S. grapple with the student mental health crisis, the use of telehealth therapy for students has skyrocketed
2023-12-03 13:17

Aussie corporate regulator alleges units of insurer IAG misled home insurance customers
Australia's corporate regulator said on Friday said it filed a lawsuit against two of Insurance Australia Group's (IAG)
2023-08-25 07:52

Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar
A business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022
2023-11-01 17:58

Trump Loyalist Jim Jordan Nominated by GOP for House Speaker
Republicans nominated Jim Jordan to be speaker of the US House, elevating a conservative firebrand in the fractured
2023-10-14 06:17

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
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