US startup says it applied for 'Meta' trademark before Facebook, seeks $20 million

US-based startup Meta PCs Co-founder Zach Shutt has said his company had filed for the 'Meta' trademark in August, months before Facebook changed its company's name to 'Meta'. According to trademark filings, the company, which sells computers, first began using the brand for its products in November 2020. Shutt said he'll stand down if CEO Mark Zuckerberg pays $20 million.