> Do you have any internal knowledge of product this company is working on and hence it is of no real value to “you”?
Regardless of what they are working on, if it doesn't exist, the value of it is presently zero.
Also, as others have mentioned, FB fully legally bought the trademark on Meta back in 2017 (through Chan-Zuckerberg Initiative). The company in the OP has no claims towards the name. Well, it appears they have a trademark on Metacompany (no space or dots), while FB (or rather, Chan-Zuckerberg Initiative) had the trademark for Meta since 2017. If anything, the company in the article is infringing on a trademark that FB has been the owner of for nearly 4 years.
Regardless of what they are working on, if it doesn't exist, the value of it is presently zero.
Also, as others have mentioned, FB fully legally bought the trademark on Meta back in 2017 (through Chan-Zuckerberg Initiative). The company in the OP has no claims towards the name. Well, it appears they have a trademark on Metacompany (no space or dots), while FB (or rather, Chan-Zuckerberg Initiative) had the trademark for Meta since 2017. If anything, the company in the article is infringing on a trademark that FB has been the owner of for nearly 4 years.