In transient: Facebook changing its corporate establish to Meta would perhaps perhaps well price the company bigger than expected. An Arizona company called Meta PCs that sells laptops, instruments, and personalized rigs already applied to trademark the “Meta” establish in August but is titillating to put it on the market to Zuckerberg and co. for $20 million.
Closing week saw Facebook verify rumors that it is changing its establish. Whereas the social media platform retains the Facebook price, the company itself is now called Meta, named after the basis of a VR/AR metaverse that Zuckerberg has been talking about for a whereas.
However Meta/Facebook would perhaps perhaps well face problems past the establish change failing to distract participants from its slew of up-to-the-minute unsuitable press. In accordance with a document shared by TMZ, Arizona company Meta PCs filed a trademark for the Meta establish in August, accurate over a yr after it started shopping and selling.
A pair of Meta PCs’ PCs which delight in nothing to assemble with Facebook’s Metaverse-inspired Meta
Meta PCs co-founder Zack Shutt advised The Guardian that the company was registered in November final yr, and no longer one of the most workforce was responsive to Facebook’s plans to rebrand as Meta till final week. Both Shutt and co-founder Joe Darger voice they are going to now not promote the establish for anything else decrease than $20 million.
Meta PCs’ trademark application, courtesy of TMZ
A TMZ supply said that Facebook believes they’ve the mandatory rights to manufacture the establish, and or no longer it’s well-known that Meta PCs’ trademark petition hasn’t but been granted. There are furthermore plenty of right loopholes a multi-billion company such as Facebook would perhaps perhaps well exploit if wanted, such as submitting an application in a single other nation and utilizing that application date to file in the US.
an announcement relating to our contemporary establish from our founder @zackshutt pic.twitter.com/I7tofqPa6Z
— META PCs (@METAPCs) October 28, 2021
In a mocking tweet, Shutt posted a video such as the one Zuckerberg made wherein the billionaire introduced the establish change. In Shutt’s clip, he states that Meta PCs is “now Facebook.”
