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Facebook Owner Is Behind $60-Million Deal for Meta Name Rights

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Facebook Owner Is Behind -Million Deal for Meta Name Rights

Meta Platforms, the owner of the social media network Facebook, participated in a $60 million (approximately Rs. 455.1921 crore) transaction to acquire the trademark assets of the U.S. regional bank Meta Financial Group, spokespersons for the two companies said on Monday.

This transaction highlights the value of the Meta name to the tech giant, and the company is betting that its focus on Metaverse-accessing a shared digital space through the Internet through a series of devices-will reap great returns in the coming years. Meta Financial said in a regulatory document on Monday that a Delaware company called Beige Key LLC agreed to acquire global rights to its company name for $60 million in cash.

It did not disclose who the owner of Beige Key is. “Beige Key is associated with us, and we have acquired these trademark assets,” said a Meta Platforms spokesperson. A MetaBank spokesperson also confirmed the involvement of Meta Platforms. In addition to providing consumer savings, loans and credit cards, and commercial loans through its MetaBank subsidiary, Meta Financial also cooperates with government agencies and financial technology companies to provide banking services aimed at promoting financial inclusion. Facebook said in October that its parent company had changed its name to Meta Platforms.

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The technology giant, which has invested heavily in virtual reality and augmented reality, regards Metaverse as the successor to the mobile Internet. Last week, Meta Platforms opened its previously invitation-only Horizon Worlds application to more than 18 users in the United States and Canada, where users of its Quest virtual reality headset can play games and interact as avatars.

The metaverse concept that appeared in the earnings conference calls of several Silicon Valley companies requires cooperation between technology giants, and it may take more than ten years to fully realize. A spokesperson for Meta Platforms said the company had discussions with Meta Financial before Facebook changed its name. The content of the record. Meta Financial’s share price fell 1.5% in the afternoon trading, and its market value was approximately US$1.74 billion (approximately Rs 1,320.38 billion)

Complete News Source : Gadgets360

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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