DannyMac@lemmy.world to Technology@lemmy.world · 1 year agoA software company called Threads says Meta tried to buy its domain and kicked it off Facebookwww.engadget.comexternal-linkmessage-square42fedilinkarrow-up1401arrow-down13
arrow-up1398arrow-down1external-linkA software company called Threads says Meta tried to buy its domain and kicked it off Facebookwww.engadget.comDannyMac@lemmy.world to Technology@lemmy.world · 1 year agomessage-square42fedilink
minus-squarezerkrazus@kbin.sociallinkfedilinkarrow-up19·1 year agoI wouldn’t be surprised if FB/Meta tried to just settle out of court and pay them off.
minus-squarekautau@lemmy.worldlinkfedilinkEnglisharrow-up4·1 year agoThey will. This was most likely planned by their legal team in advance, will cost Facebook a negligible amount compared to their revenue and marked as a “risk.” And when they settle it will be a planned business expense, like a fine
minus-squarefrezik@midwest.sociallinkfedilinkEnglisharrow-up3·1 year agoWhat would it have cost Facebook to come up with a different name?
minus-squarefrunch@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year ago~$1,000,000,000,000 USD, which is why they’re trying to do it the “easy way”
minus-squareSeabassDan@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoThe legal fees alone while it gets dragged out in court will definitely hurt the smaller company.
I wouldn’t be surprised if FB/Meta tried to just settle out of court and pay them off.
“That’ll be one billion quid, please.”
They will. This was most likely planned by their legal team in advance, will cost Facebook a negligible amount compared to their revenue and marked as a “risk.” And when they settle it will be a planned business expense, like a fine
What would it have cost Facebook to come up with a different name?
~$1,000,000,000,000 USD, which is why they’re trying to do it the “easy way”
The legal fees alone while it gets dragged out in court will definitely hurt the smaller company.
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