Facebook’s New Meta Name ‘Already Owned By PC Shop’ In $20million Row

Mark Zuckerberg may have to pay $20 million to continue renaming Facebook to Meta. This is because in August, Zach Shutt filed for the trademark “Meta” for his startup PC company, which had already sold products under the Meta PC brand back in November of 2020.

Meta PC isn’t willing to sell it for any less.

Facebook, on the other hand, filed for the trademark on the 28th of October, but neither filing has been approved which means that there could be a legal battle over the name. However, according to TMZ, Meta PC’s Schutt and cofounder Joe Darger have suggested that they are willing to stand down if Mark Zuckerberg was willing to pay them $20 million for the name.

Facebook has yet to comment on this issue, so it is unclear how this will proceed. That being said, we have seen various instances of these types of situations in the past, so whether Facebook will just cave in pay $20 million for Meta PC to step down, or fight it out in the court of law remains to be seen.