‘Meta’ Trademark Owners Charge Mark Zuckerberg’s Facebook $20 Million For The Name
’Meta’ Trademark Owners Charge Mark Zuckerberg’s Facebook $20 Million For The Name. Social media giant Facebook announced that it is changing its name to Meta, the company’s founder and CEO Mark Zuckerberg announced that the company will be venturing into bringing together its apps and technologies under one new company brand. It has been reported by American News platform TMZ that the owners of the ‘Meta’ Trademark are willing to sell to Facebook for $20 Million.
According to TMZ, the founders of a company called Meta PC Joe Darger and Zack Shutt filed to trademark the word “Meta” for computers, laptops, tablets, software and more items relating to technology. Founded in 2020, the Meta PC’s team sought out to continue building custom high-performance PCs and providing world-class support. With several years of experience in PC building, support, and service, META PCs is comprised of industry veterans that have helped grow the professionally-built PC market. Its mission is to create the absolute best custom PCs for every individual’s specific wants and needs.
With its rebranding the Mark Zuckerberg’s metaverse will feel like a hybrid of today’s online social experiences, sometimes expanded into three dimensions or projected into the physical world. It will let people share immersive experiences with other people even when they can’t be together — and do things together they couldn’t do in the physical world. It’s the next evolution in a long line of social technologies, and it’s ushering in a new chapter for the company.
Trademark disputes are known to be detrimental to the growth of one’s idea as people might have registered the name or idea that you also came up with leaving one to choose a different branding approach. In this case with Facebook, this trademark dispute may not even be detrimental to Facebook’s rebranding as the company has the resources and capital to pay the $20 Million that the founders of Meta PC’s want.