European Trademark Office Says Pinterest Doesn't Own 'Pinterest' - Social News Startup Premium Interest Does

Pinterest raised a $225 million round in October 2013 to help fuel its international expansion, but a recent ruling in Europe could prove to be a hiccup in that strategy. The U.S.-based social networking site has lost a challenge it made to claim the Pinterest trademark in the region, with a European trademark court ruling in favor of the current owner, a London-based social news aggregation startup called Premium Interest and its founder Alex Hearn.