Meta hit with trademark lawsuit by virtual-reality company MetaX

FILE PHOTO: A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier

(Reuters) - Facebook owner Meta Platforms Inc was hit with a trademark lawsuit in Manhattan federal court on Tuesday by MetaX LLC, a company that creates immersive virtual-reality experiences, for allegedly stealing its name for its pivot to the metaverse.

New York-based MetaX told https://tmsnrt.rs/3aVhmfT the court it had been "crushed" by Facebook's rebrand and said its "ability to operate as Meta has been eviscerated."