Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:57
Mexican inflation seen at lowest level in more than two years-Reuters poll
MEXICO CITY Mexico's headline inflation likely reached its lowest level in more than two years during the first
2023-06-20 02:17
Sunak’s Tories Worry Reset Fell Short of UK Election Turnaround
Prime Minister Rishi Sunak entered Britain’s political party conference season promising a reset to rejuvenate his governing Conservatives
2023-10-14 13:46
Spanish Inflation Quickens, Backing Higher-for-Longer ECB Rates
Spanish inflation accelerated for a second month, demonstrating the persistent price pressures that the European Central Bank’s higher-for-longer
2023-09-28 15:51
Russia-Georgia flights resume despite protests, strained ties
Direct flights have resumed between Russia and Georgia amid protests and sharp criticism from the South Caucasus nation's president
2023-05-19 22:25
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
In death, one cancer patient helps to erase millions in medical debt
A New York woman who died Sunday from cancer has raised enough money to erase million of dollars in medical debt with a posthumous plea for help
2023-11-18 01:57
Average long-term US mortgage rate falls to 6.78% this week to lowest level in four weeks
The average long-term U.S. mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale
2023-07-21 00:23
Election disinformation campaigns targeted voters of color in 2020. Experts expect 2024 to be worse
Community organizations are gearing up for what they expect will be a worsening onslaught of disinformation targeting voters of color as the 2024 election approaches
2023-07-29 12:23
Analysis-Healthcare companies counter investor worries over Wegovy effect
By David Gaffen and Manas Mishra Healthcare companies who profit from treating obese and overweight patients are trying
2023-10-27 13:58
Lin-Manuel Miranda launches R.I.S.E. Network to improve diversity on Broadway
“Hamilton” creator Lin-Manuel Miranda hopes to increase diversity on Broadway and in theaters across the country with a new initiative announced Thursday
2023-06-08 23:24
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:51
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