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It didn't originate there, they acquired the rights to the name when they bought sun

I knew that about Java but I didn't know the same was true of JavaScript

JavaScript originated at Netscape, not Sun. I assume Sun owned the trademark because it's so close to Java)

I believe they acquired the rights to 'Java' and they're arguing that gives them the rights to 'JavaScript'.

Which is fair-ish -- it should have never been named Javascript to begin with.

No, Oracle owns the "JavaScript" trademark, it's separate from "Java".