List of All Articles with Tag 'tec'

By Medha Singh and Lisa Pauline Mattackal Bitcoin? It's a bit old hat, say a cohort of crypto

Elon Musk’s X Corp, the company formerly known as Twitter, is being sued by another social network also named X, a lawsuit filed in a federal court revealed. The lawsuit, filed by a Florida-based ad agency X Social Media LLC, alleged that the popular social media platform violates Florida common law because of “unfair competition and trademark and service mark infringement”. It also accused the company owned by Mr Musk of violating Florida’s Deceptive and Unfair Trade Practices Act (FDUPTA). The accusing company said it has existed in the American state with its registered trademark as “X SOCIALMEDIA” continuously since 2016. It said it has existed as “a vanguard in utilizing social media and marketing technology to connect consumers with legal services in situations where those harmed would otherwise remain voiceless and without remedy”. The Florida-based company, founded in 2015 by entrepreneur Jacob Malherbe, said its “distinctive” and “dominant” letter “X” is used to signify the beginning of a life-changing journey towards justice. The ad firm said its ”X” mark is successfully associated with its social media advertising services, adding that it has invested “over $2m to date” in building brand awareness and reaching consumers. It argued that it has “already suffered loss in revenue that correlates with X Corp’s rebrand and use of the mark ‘X’.” “In addition to the symbolic emphasis of the ‘X’, X Social Media frequently emphasizes the ‘X’ portion of its mark throughout its advertising, blogs, and newsletters highlighting its work,” the company said. “X Corp’s use of the ‘X’ mark and recent attempt to register the mark in association with social media, business data, promotion and advertising, business consulting, market research services, and advertising services necessitates this action because its conduct has caused and will continue to cause serious irreparable harm to X Social Media,” the ad agency says. It remains to be seen how X Corp would respond to the lawsuit. X Corp did not immediately respond to The Independent’s request for comment. Read More Elon Musk facing defamation lawsuit in Texas over posts that falsely identified man in protest Elon Musk mocked by Ukraine’s parliament over tweet taunting Zelensky Elon Musk to live stream himself gaming on X in ‘everything app’ bid Elon Musk to live stream himself gaming on X in ‘everything app’ bid Musk confirms he is cutting election integrity staff from X/Twitter ahead of 2024 Reddit will start paying people to post

Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands

Japan’s government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.’s Hiroshima factory,

Support among Australians for an Indigenous Voice to Parliament to be included in the constitution recorded a rare

Tesla Inc. reintroduced a Model Y crossover sport utility vehicle with rear wheel drive in the US late

Visa Inc. unveiled a $100 million plan to invest in companies focused on generative artificial intelligence. The firm,

It’s not easy to take on Google’s search engine. Just ask the startups that have tried. As the

BYD Co. came within a whisker of toppling Tesla Inc. as the world’s biggest seller of electric vehicles

Two pioneering scientists who created the technology behind life-saving Covid-19 vaccines have won the Nobel Prize in medicine or physiology.

Tech firms say they have systems that can help prevent the huge loss of fresh produce in India.

The first-ever exchange-traded funds based on Ether futures began trading in the US, capping a years-long battle by