By Amir Efrati, Wall Street Journal
Twitter is closer to having dominion over the word "tweet."
On Monday, James Eliason, CEO of Twittad, said in an interview that Twitter would drop a lawsuit it filed against his company last month that sought to nix Twittad's registered trademark of the word "tweet." In return, Des Moines-based Twittad would transfer its registered trademark of "tweet" to Twitter, he said.
(People 'tweet' by posting a message of up to 140 characters on Twitter, an online messaging service.)
Twitter's battle over the "tweet" trademark was the subject of a Wall Street Journal article last month.
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