Meta Platforms has resolved a trademark lawsuit filed by investment firm Metacapital Management over the tech giant's name change from FacebookMeta Platforms has resolved a trademark lawsuit filed by investment firm Metacapital Management over the tech giant's name change from Facebook, the companies told a New York federal court on Friday. Meta Platforms rebranded from Facebook in October 2021 to reflect its focus on the metaverse, a shared virtual realm. Meta is facing other trademark lawsuits over its name change from virtual-reality company MetaX and tech-services provider Metabyte. Metacapital said in its lawsuit that it has been using its name since its founding in 2001. The case is Metacapital Management LP v. Meta Platforms Inc, US District Court for the Southern District of New York, No.

Source: bd News24 May 12, 2024 02:38 UTC