[citation][nom]robochump[/nom]Retarded lawsuit. Xoom is in a totally different business.[/citation]
Makes no difference. They hold a legal trademark on "Xoom"...which means they own all rights to it's use. Doesn't matter that it's a different business.
[citation][nom]mikem_90[/nom]Aren't trademarks only valid in the market they are intended for? Seems we have companies going crazy nuts all the time if the name of their widgets is used on other products not even closely related to them. How will there be confusion between these two companies? one does Money transfers, the other is a tablet. Seems pretty distinct to me.[/citation]
Nope. A Trademark has no market constraint. Actually, the confusion comes into play in the fact that if someone searches for "Xoom"...they'll be directed towards the tablet and not the financial company, which can result in loss of business because people will start to associate "Xoom" with being a tablet and not a financial business.
Also...."Nissan" has been used in the computer industry as well as the automotive industry. "Nissan Computer Systems", "Nissan Motor Corporation" and "Nissan Motor Company - North America". The company operating under the "Nissan Computer Systems" name, filed a formal lawsuit for Trademark and Copyright infringement against "Nissan Motor Corporation" shortly after the name change from Datsun Motor Company. The judge ruled that since "Nissan" itself wasn't copyrighted nor trademarked, that no laws had been broken. However, since the company held a legal trademark and copyright for "Nissan Computer Systems", had Nissan Motor Corporation chosen to use that name, they would have had a legit case. Also, had they copyrighted or trademarked "Nissan"...they'd have won.
[citation][nom]mikem_90[/nom]If you trademarked a name and it was not useable anywhere in any market, we'd eventually find out how hard it is to find catchy names for products. Or do people want to try out the new Apple ghksuer7npp#1?[/citation]
Holding a Trademark on a "name"...doesn't make it unusable...just requires that others who wish to use said name, actually get consent from the trademark owner.