There may be a problem with Twitter’s new logo, Microsoft has the rights to the letter X

Billionaire Elon Musk’s decision to rename Twitter to X may be legally complicated. Other companies, including Microsoft and Meta Platforms, have intellectual property rights to the X. X is widely used and cited in trademarks, so the company may be forced to defend its logo in court in the future, Reuters reported.

“There’s a 100 percent chance that Twitter will get sued over this,” said trademark lawyer Josh Gerben. He said he counted nearly 900 active trademark registrations in the United States that already cover the letter X in a wide range of industries.

Musk, who bought Twitter last October for about $44 billion, renamed the social network X on Monday. He also showed off the new logo, which is just the letter X in black and white.

Trademarks protect things like brand names, logos and slogans that identify the sources of goods. Their owners can claim infringement protection if another brand misleads consumers. Remedies range from monetary damages to a decision to block use of the mark.

Microsoft has owned the trademark for the letter X since 2003

Since 2003, Microsoft has held the X trademark related to communications about its Xbox video game system. Meta Platforms, which earlier this month launched social network Threads, Twitter’s new rival, owns a federal trademark registered in 2019. This refers to the blue and white letter X for software or social media.

Meta itself has also faced intellectual property issues since it started using the name instead of Facebook. It faces trademark lawsuits filed last year by investment company Metacapital and virtual reality company MetaX.Another dispute was settled over its new logo symbolizing infinity.

“Given the difficulty of protecting a single letter, especially a commercially popular one like X, Twitter’s protection will likely be limited to graphics very similar to their X logo,” Douglas Masters, a trademark attorney at law firm Loeb & Loeb, told Reuters. “The logo is not very distinctive, so the protection will be very narrow,” he added.

That Meta owns a trademark on the letter X, by earlier on Insider. Lawyer Ed Timberlake tweeted that Microsoft also has one such brand. Meta and Microsoft are unlikely to file a lawsuit unless they feel threatened that the Twitter and X brands, respectively, are interfering with the brand value they have built, Gerben said.

Source: CTK

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

Golden Brokers Review

Golden Brokers Limited was founded in 2018, it is...

Real Estate ETFs: A Practical Guide to REIT Exposure Through Funds

Real estate has long attracted investors looking for rental...

Musk reportedly invested a billion dollars in the Skydance media group

American billionaire Elon Musk has invested roughly one billion...

Meta increases profit and revenue, to issue new class of shares to finance AI investments

Meta Platforms - the American internet company increased its...

The US dollar is weakening, with doubts surrounding AI behind its decline

The US dollar is weakening today. According to Reuters,...

European stocks fall amid concerns over economic impact of protests in France

European stocks are falling after the opening of trading....

Robotics Stocks: A Framework for Finding Real Automation Exposure

Robotics is becoming an increasingly important investment theme as...
spot_img

spot_imgspot_img