engine - 11:09 am on Oct 11, 2011 (gmt 0)
Report: Twitter and Twittad 'Tweet' Trademark Settlement [blogs.wsj.com]
Twitter is closer to having dominion over the word “tweet.”
On Monday, James Eliason, CEO of Twittad, said in an interview that Twitter would drop a lawsuit it filed against his company last month that sought to nix Twittad’s registered trademark of the word “tweet.” In return, Des Moines-based Twittad would transfer its registered trademark of “tweet” to Twitter, he said.
Eliason declined to say whether Twitter paid Twittad, citing a confidentiality agreement between the companies.
“We’ve arrived at a resolution with Twittad that recognizes consistent use of Tweet while supporting the continued success of Twitter ecosystem partners like Twittad,” Twitter spokeswoman Lynn Fox said in a statement.
Twitter Aims to Claim 'Tweet' Trademark [webmasterworld.com]