Twitter Secures “Tweet” Trademark

By: Ben Parr
Source: http://mashable.com

Twitter has settled a lawsuit that will give the company control over the “tweet” trademark, according to a new report.

Twitter doesn’t currently own the trademark to the term. Instead, Des Moines-based Twittad controls the trademark. Twittad, a provider of sponsored advertising on Twitter, has trademarked its tagline, “Let your ad meet tweets.” It also has trademarked various variations of the word “tweet.”

Twitter and Twittad have been in a legal struggle for years over the trademark. Twitter has argued that the term “tweet” was famous as a Twitter term before Twittad secured the trademark. The courts have thus far disagreed.

The two companies have settled their differences though, according to The Wall Street Journal. As part of the settlement, Twittad will transfer the “tweet” trademark to Twitter, though Twittad will continue to use its current trademark.

“Twitter and Twittad have arrived at a resolution recognizing a consistent use of Tweet while supporting the continued success of Twitter ecosystem partners like Twittad,” a Twitter spokesperson told Mashable.

Neither company revealed whether money exchanged hands as part of the settlement, though we’d be surprised if Twitter didn’t have to part with a good amount of cash to secure the trademark.

Source: http://mashable.com/2011/10/10/twitter-tweet-trademark/