
Chevron produces first gas from Gorgon Stage 2 development off Western Australia
SINGAPORE Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off
2023-06-06 16:23

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

Exclusive-Shanghai exchange exploring potential LME nickel rival
By Siyi Liu, Pratima Desai and Julian Luk BEIJING/LONDON The Shanghai Futures Exchange (ShFE) is looking into the
2023-09-13 23:58

Taiwan President Apologizes Twice in Week for #MeToo Allegations
Taiwan President Tsai Ing-wen apologized for a second time in a week over sexual harassment allegations involving the
2023-06-07 14:45

ECB to raise rates further even as economy stutters
By Francesco Canepa and Balazs Koranyi FRANKFURT The European Central Bank is all but certain to raise borrowing
2023-06-15 06:24

Crypto Regulatory Framework Bill Endorsed by House Financial Services Committee
Legislation championed by crypto advocates that sets clearer rules for the nascent industry was approved by a key
2023-07-27 08:24

Stellantis halts battery plant construction over dispute with Canadian govt
OTTAWA Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing
2023-05-15 23:51

Japanese Airlines Near Jet Orders as Soon as Paris Air Show
Japan’s two biggest airlines are in advanced talks to buy aircraft from Airbus SE and Boeing Co., with
2023-06-07 06:15

Tech Moguls’ $17 Million Land Offer Spurned by California Water Officials
A historic cattle ranch in California’s Solano County has been a target of a secretive billionaire-backed group that’s
2023-09-09 05:17

Skyloom and Satellogic Sign Agreement for Multipath Optical Comms Data Transmission
BROOMFIELD, Colo. & NEW YORK--(BUSINESS WIRE)--Sep 15, 2023--
2023-09-16 02:24

American Credit Scores That Got Pandemic Boost Are Sliding Again
A bevy of US consumers who saw their credit scores boosted by government stimulus and a pause on
2023-07-19 02:22

U.S. factory orders rise in April
New orders for U.S.-made goods rose for a second month in April, boosted largely by defense spending, but
2023-06-05 22:46
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