Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》

List of All Articles with Tag 'h'

Elon Musk’s ‘X’ already trademarked by Mark Zuckerberg’s Meta for ‘social networking services’
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
Twitter's rebrand is the next stage in Elon Musk's vision for the company. But does anyone want it?
Twitter's rebrand is the next stage in Elon Musk's vision for the company. But does anyone want it?
Elon Musk's move over the weekend to rebrand Twitter and replace its iconic bird logo with an X is just the latest step in his effort to make over the billionaire's longtime favorite platform in his image.
2023-07-25 20:26
Exclusive-U.S. SEC readies penalty for DWS in greenwashing probe by end September -sources
Exclusive-U.S. SEC readies penalty for DWS in greenwashing probe by end September -sources
By Chris Prentice and Tom Sims NEW YORK/FRANKFURT The U.S. Securities and Exchange Commission is preparing to resolve
2023-07-25 20:21
Savers Value Village Wins Over Wall Street as Analysts See Growth Potential of Thrifting
Savers Value Village Wins Over Wall Street as Analysts See Growth Potential of Thrifting
Thrift shopping is hot and after a successful trading debut Wall Street analysts are telling investors to scoop
2023-07-25 20:19
3M Raises Outlook, Tops Estimates as Cost Cuts Gain Traction
3M Raises Outlook, Tops Estimates as Cost Cuts Gain Traction
3M Co.’s profit topped Wall Street estimates in the second quarter, driving a rise in the annual outlook,
2023-07-25 19:26
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:23
Proof that Twitter's new logo is impossible to differentiate between porn sites
Proof that Twitter's new logo is impossible to differentiate between porn sites
Elon Musk’s decision to change the Twitter logo to an X has been mocked for looking like a porn site, with pictures to prove it. Since his takeover of the social media platform Twitter, Musk has made multiple significant changes that have left users baffled. Some changes affect the way users are able to interact with others, based on their verified (i.e. paid for) status, while other changes are more superficial. The latest idea has seen Musk change the iconic blue bird logo of 15 years, replacing it with a white X on a black background that many have compared with porn sites. Porn sites such as XVideos and XNXX feature logos that are variations of the letter X and comedian Jesse McLaren pointed out how true the comparisons are after sharing a screenshot of a Google Chrome page with six tabs all bearing logos that are very similar. Sign up to our free Indy100 weekly newsletter McLaren wrote: “These are all porn except one. That one's Twitter.” The tweet has been viewed over 4 million times and sparked a conversation about the design of the logo. Someone commented: “It’s the fact that if I had to guess which one out of these was a porn site, my immediate first guess would be the Twitter one.” Another said: “I have a feeling that this will become an interesting case study in marketing and branding classes.” “Unethical, degrading, and perverted. Also there are some porn sites there I guess,” one Twitter user joked. Someone else argued: “Twitter is a porn site too.” Industry experts have cast doubt over Musk’s rebrand decision, particularly at a time when other competitors such as Meta’s Threads have entered the market. Mike Proulx, research director at the analysis firm Forrester, told the Guardian: “By changing Twitter’s app name, Elon Musk will have singlehandedly wiped out over 15 years of a brand name that has secured its place in our cultural lexicon.” He continued: “This is an extremely risky move, because with ‘X’, Musk is essentially starting over while its competition is afoot.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-25 19:23
Grain trader ADM's quarterly profit tops estimates
Grain trader ADM's quarterly profit tops estimates
(Reuters) -Archer-Daniels-Midland beat Wall Street expectations for second-quarter profit on Tuesday, as the grain trader and processor benefited from tight
2023-07-25 19:19
China Names Wang Yi New Foreign Minister to Replace Qin Gang
China Names Wang Yi New Foreign Minister to Replace Qin Gang
China’s Qin Gang has been removed from his post as foreign minister and replaced by his predecessor Wang
2023-07-25 19:18
No happy dance in the cards as Fed ponders resilient US economy
No happy dance in the cards as Fed ponders resilient US economy
By Howard Schneider WASHINGTON With the Federal Reserve steaming toward another interest rate hike this week, policymakers face
2023-07-25 18:27
Dassault Systemes' flagship platform sales slow, but targets confirmed
Dassault Systemes' flagship platform sales slow, but targets confirmed
By Victor Goury-Laffont French software maker Dassault Systemes said revenue rose 5% in the second quarter, but shares
2023-07-25 18:18
Countries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
Countries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
Thanks to legal tax avoidance strategies, illegal tax evasion schemes and creative accounting that rarely gets challenged by resource-starved authorities, countries around the world collectively stand to lose an estimated $4.7 trillion in revenue over the next decade unless substantial reforms are made to global tax rules.
2023-07-25 18:16
«617618619620»