Meta Platforms Inc (META.O) and blockchain nonprofit Dfinity Foundation have settled the trademark lawsuit between the two companies. Dfinity filed the lawsuit over Meta’s infinity-symbol logo, which Dfinity claimed would confuse with their infinity-symbol trademarks. Dfinity’s Internet Computer is a public blockchain network designed to host smart contracts and is marketed as “infinite.”
The case was dismissed by a San Francisco federal court on Monday, with both companies asking the court to dismiss it with prejudice, meaning it cannot be revived. A Meta spokesperson said they were pleased with the case’s outcome and that Dfinity dropped the lawsuit after Meta pointed out defects in the revised complaint.
U.S. District Judge Charles Breyer dismissed the original complaint in November. However, the judge allowed Dfinity to amend the lawsuit, which they did in December. The judge ruled that Meta’s logo was unlikely to cause consumer confusion, citing differences in the logos’ designs and that Dfinity’s customers are tech-savvy developers.
Meta has described their logo as a continuous loop resembling the letter “M” and an infinity sign, symbolizing “infinite horizons in the metaverse.” Despite the resolution of this lawsuit, Meta is still facing trademark lawsuits from virtual-reality company MetaX and investment firm Metacapital over its name change.
In conclusion, the trademark lawsuit between Meta Platforms Inc and Dfinity Foundation has been resolved, with both companies asking the court to dismiss the case with prejudice. Meta’s logo was deemed unlikely to confuse by a U.S. District Judge, citing differences in the logos’ designs and the fact that Dfinity’s customers are tech-savvy developers. Despite this resolution, Meta is still facing trademark lawsuits from other companies.
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Meta, nonprofit end U.S. lawsuit over infinity-logo trademark