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Meta given 30 days to cease using the name Threads by company that trademarked it 11 years ago
(www.techspot.com)
This is a most excellent place for technology news and articles.
Eh, unlike some of the other pretty blatantly frivolous lawsuits we’ve seen lately (such as the google chrome cast one) this seems pretty legit. They had a globally recognized company called threads that worked in the software industry and meta had made multiple offers for their IP showing they knew about them and still went ahead. Seems clear cut and Meta will likely have to change the name.
you're right in almost everything
Meta has a massive amount of resources, I'm sure they can afford more lawyers than the British company. Courts tend to favor the one with most resources, so the smaller company will have a very hard time trying to make Meta to change their app's name.