• Latest
  • Trending
Jack Dorsey’s Block, , Faces Lawsuit for Similar Name, Logo

Jack Dorsey’s Block, , Faces Lawsuit for Similar Name, Logo

December 17, 2021
Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022
Fibre optic interconnection linking Cameroon and Congo now operational

Fibre optic interconnection linking Cameroon and Congo now operational

July 15, 2022
Ericsson and MTN Rwandacell Discuss their Long-Term Partnership

Ericsson and MTN Rwandacell Discuss their Long-Term Partnership

July 15, 2022
Airtel Africa Purchases $42M Worth of Additional Spectrum

Airtel Africa Purchases $42M Worth of Additional Spectrum

July 15, 2022
Huawei steps up drive for Kenyan talent

Huawei steps up drive for Kenyan talent

July 15, 2022
TSMC predicts Q3 revenue boost thanks to increased iPhone 13 demand

TSMC predicts Q3 revenue boost thanks to increased iPhone 13 demand

July 15, 2022
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
Top 10 apps built and managed in Ghana

Top 10 apps built and managed in Ghana

July 15, 2022
MTN Group to Host the 2nd Edition of the MoMo API Hackathon

MTN Group to Host the 2nd Edition of the MoMo API Hackathon

July 15, 2022
KIOXIA Introduce JEDEC XFM Removable Storage with PCIe/NVMe Spec

KIOXIA Introduce JEDEC XFM Removable Storage with PCIe/NVMe Spec

July 15, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Monday, 30 January, 2023
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

Jack Dorsey’s Block, , Faces Lawsuit for Similar Name, Logo

by ITECHNEWS
December 17, 2021
in Business, Leading Stories
0 0
0
Jack Dorsey’s Block, , Faces Lawsuit for Similar Name, Logo

Jack Dorsey’s Block, formerly Square, is now facing a lawsuit for sporting a similar name and logo with a financial firm, H&R block, after its recent rebranding.

Jack Dorsey’s Block, Formerly Square, Faces Lawsuit

The financial products and services firm, H&R Block, took the payment firm of Dorsey to the federal court for alleged trademark infringement, as per the report by The Street. 

YOU MAY ALSO LIKE

Inaugural AfCFTA Conference on Women and Youth in Trade

Instagram fined €405m over children’s data privacy

The lawsuit against the payment company of the former CEO of Twitter further asks Block to stop using its name and its “nearly identical” green square logo.

H&R Block further mentioned that the new name and logo of Dorsey’s payment firm will “improperly capitalize on the goodwill and consumer trust” that the financial company has worked on since it was founded way back in 1955.

It is worth noting that H&R Block is a firm that assists businesses with their income tax return preparations, among other related services.

As such, the tax preparer issued its concern with regards to the confusion of its customers due to the similarities after the rebranding of Square to Block.

The president and CEO of H&R Block, Jeff Jones, explained in a statement that the “filing is an important effort to prevent consumer confusion.”

On top of that, the H&R exec further noted that it is meant to “ensure a competitor cannot leverage the reputation and trust we have built over more than six decades.”

The federal lawsuit went on to boldly state that the tax preparer is now “under attack by a Silicon Valley fintech company.”

Block vs. H&R Block

The press release of H&R Block further alleged that the Block, Inc. of ex-Twitter CEO “appears to be taking a shortcut to capitalize on the well known Block moniker.”

What’s more, the complaint added that the payment firm of Dorsey is actually its direct competitor for its financial services.

Teejay Boris, Tech Times

Tags: H&R BlockJack Dorsey
ShareTweetShare
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.

Search

No Result
View All Result

Recent News

Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022

Recent News

  • Inaugural AfCFTA Conference on Women and Youth in Trade September 6, 2022
  • Instagram fined €405m over children’s data privacy September 6, 2022
  • 5.7bn data entries found exposed on Chinese VPN August 18, 2022
  • Fibre optic interconnection linking Cameroon and Congo now operational July 15, 2022
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version