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Facebook Accused of Copying Calibra Logo From Current, an Online Bank

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Social networking giant Facebook has been accused of using a logo for its new cryptocurrency play, similar to the logo of an online banking company called ‘Current’.

Earlier this week, Facebook announced its own global digital coin called ‘Libra’, to be managed by a governing body called the Libra Association. Calibra is the name of the subsidiary that would run the wallet.

According to the CEO of Current, Stuart Sopp, the logo for Calibra is similar to Current’s logo, CNET reported on Thursday, citing a CNBC interview.

“This is a funny way to try and create trust in a new global financial system – by ripping off another Fintech firm,” the report quoted Sopp as saying.

“We put six months of hard work into this with that design firm, which they basically reused for Facebook without changing much – Facebook is a big company that should have done their due diligence on this.”

Sopp has revealed that both of the logos have been designed by the same San Francisco-based design firm called Character and both the logos feature a wave inside a circle.

The online banking company tweeted a picture of both the logos in one frame and captioned the post: “This is what happens when you only have one crayon left.”

According to the media reports, Current is consulting law firm Goodwin Procter to decide whether it has a trademark or patent infringement case against the social networking giant.



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Samsung One UI 3.0 beta for Galaxy Note 10 ends, Galaxy S10 begins

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Android 11 was released to the public on September 8, 2020. In the old world order, it wouldn’t be until January or February the following year at the earliest before Samsung Galaxy phone owners would even hear anything about the update from Samsung. In less than three months, however, Samsung has already rolled out betas for its One UI 3.0, … Continue reading

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Chrome Actions will turn the address bar into a command prompt

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The web browser address bar has long ceased simply being a place where you type in a website’s URL or address. In fact, there is a growing trend these days to actually hide those addresses in the address bar, ironic as that may sound. That input field has pretty much become a mini search engine where you type what you’re … Continue reading

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ZTE is still a security threat according to FCC decision

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Some might presume that recent political changes in the US government might weaken the campaign against certain US companies but it is far too early to count those eggs. The current government still holds the power and, as far as the Trump administration is concerned, nothing has really changed. Huawei is still on its entity list and TikTok still risks … Continue reading

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