According to Sina Technology News, Meta Platforms Inc is Facebook's parent company, and the latest news shows that Meta spent $60 million to buy related trademark assets from The US regional bank Meta Financial Group.
Documents filed by Meta Financial confirm that a company from Delaware agreed to buy the global rights to the corporate name in cash for $60 million, with an acquirer named Beige Key LLC. But it did not reveal who the owner of Beage Key LLC is.
In October, Facebook announced that the parent company had changed its name to Meta Platforms. Meta has invested heavily in VR and AR, and it believes that the metacosm will be the next stop on mobile networks.
According to a Meta Platforms spokesperson, there were discussions with Meta Financial before the company changed its name. Meta Platforms is currently valued at about $933 billion.
![Meta Platforms: Introduce new measures to change NewsFeed.[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)