Trump Truth Social Trademark Application REJECTED by Trademark Office - Meidas Touch

[Rhiannon12866]

The US Patent and Trademark Office has rejected Truth Social’s application for a trademark to use the name since it is already being used and it would likely cause confusion. This means that Trump may have to rename the platform depending on appeals and further legal proceedings. This is yet another setback for the company mired in financial problems and criminal investigations — all par for the course for Trump.

[Mr.Bill]

1. These idiots couldn't run

a lemonade stand.

[NBachers]

2. * GLOAT * GLOAT * GLOAT *

[Warpy]

3. Typical of him, he comes up with a Great Big Idea (TM)

then underfunds it, doesn't follow through on the legal aspects, doesn't source suppliers, and stiffs any contractors. A lot of his ideas might have had a decent shot at success if he hadn't cut so many corners, especially when he was a "reality" TV star with a Tinseltown fantasy surrounding him that would have helped sell a halfway decent product to aspirational people.

Had he called this idiocy "TFG Social," I doubt there would have been any problem.

[LetMyPeopleVote]

4. Trump's Truth Social has trademark application denied

Remember that Trump Media & Technology was supposed to be capitalized with between $780 million and $1 billion when the merger with the special purpose acquisition corporation was consummated. When you are building a major company, you have to be careful with your intellectual property and trademarks. Here the name Truth Social is too close to at least two other trademarks

TFG is a horrible businessman and should have spent the money to make sure that his intellectual property was in good shape.

Link to tweet

https://www.axios.com/2022/08/25/trump-truth-social-trademark-denied

The U.S. Patent and Trademark Office (USPTO) refused Donald Trump's application for a trademark for "Truth Social," the name of his social media company earlier this month. A trademark lawyer in Washington surfaced the filing on Thursday.

Why it matters: The trademark refusal is just the latest setback for the former president's social media app and its parent company, which have been beset by a raft of issues over the past few months.

What's happening: The USPTO found two other companies who already use the Truth Social wording, which would create what's known as "likelihood of confusion" if Trump also got the mark......

The big picture: Truth Social and the SPAC looking to take its parent company public have faced enormous legal and technical challenges ever since the app was announced last October.

Last week, Digital World Acquisition Group (DWAC), the blank check company that plans to merge with the parent company Truth Social to take it public, looked to delay its earnings report

The week before it asked shareholders to approve an extension of its merger agreement by a year.

The Truth Social app missed its launch deadline, putting thousands of users on a waitlist for weeks.

The SPAC is under investigation by the SEC for possibly negotiating their deal prior to DWAC going public, which is illegal if true.

An investor sued the SPAC's CEO last year claiming fraud.

There's been confusion regarding whether or not certain members of the board are still on the board.

[LetMyPeopleVote]

5. Truth Social is $1.6 million in debt to their internet vendor, and is on the verge of collapse.

Link to tweet

[LetMyPeopleVote]

6. Denial is not just a river in Africa

Link to tweet