this post was submitted on 31 Oct 2023
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The company has said that they've spent a decade building their "brand" under that name. So, if they're pushing for a big payout, they intend it to be gargantuan rather than the usual payoff. Changing their name would essentially be starting over in some ways. And the confusion they claim as their reason for action is a legit thing.
I'm not saying that isn't their goal behind the scenes, but FB tried to buy the name and failed, so I have a feeling they aren't looking for the usual quiet payoff that's the goal of that type of action.