Changing Facebook's name could cost about $ 20 million
source: Facebook.com
A few days ago it was reported that Facebook would change its name to "Meta", and despite the announcement, it seems that Facebook has not taken all the variables into account.
It has now been revealed that the existing company that owns the name "Meta", a company called Meta PC, will sell the rights to the name and trademark to Facebook for a sum of about $ 20 million.
Meta PC - a company that builds custom computers, submitted an application to register the trademark "Meta" as early as last August 23, long before any rumors surfaced about the desire and intention of Facebook to change its name.
Although it submitted the application more than two months ago, the application has not yet been approved, which means that Meta PC does not necessarily have the legal and legal background to prevent Facebook from using the trademark, but if the application is approved, Meta PC will most likely afford a much higher price. From the original price from one of the richest technology companies in the world.
In the same context, the name change of the Facebook company caused a slight confusion among the users of the social network owned by it which bears the same name Facebook.
We emphasize that the name change is intended for the company itself, which also owns Whatsapp and Instagram, and not for the social network Facebook.
Meta PC's Twitter page:
https://twitter.com/METAPCs?s=20