Here are three things to know:
1. P&G has applied to the U.S. Patent and Trademark Office to use “LOL” (which stands for Laughing Out Loud), “WTF” (What The F—), “NBD” (No Big Deal) and “FML” (F— My Life), according to CNBC.
2. Although P&G has not disclosed precisely how it intends to use the acronyms, CNBC noted P&G may use the acronyms to help market products to millennials.
3. The U.S. Patent and Trademark Office has sought clarification from P&G, which has until January to respond, according to Ad Age.
More articles on business:
More companies now offering ‘pawternity’ benefits
Lowe’s posts $1.5B profit, plans hardware store closures affecting 4K employees
Slack valued at $7.1B after latest round of funding