Reuters first to report Facebook owner is behind $60 mln deal for Meta name rights - Reuters News Agency
DealsTechnology

Reuters first to report Facebook owner is behind $60 mln deal for Meta name rights

Reuters was first to report that Meta Platforms Inc, the owner of social media network Facebook, is behind a $60 million deal to acquire the trademark assets of U.S. regional bank Meta Financial Group. The deal underscores how valuable the Meta name has become for the technology giant, which is betting that its focus on the metaverse – shared digital spaces accessed via the internet through an array of devices – will pay off handsomely in the coming years.

Article Tags
Topics of Interest: DealsTechnology
Type: Reuters Best
Sectors: Technology
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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