This claim is correct based on the Scientific American that states, “Cats are just as good as dogs at learning,” Bradshaw says. “They’re just not as keen to show their owners what they’ve learned.” This article discusses how cats do know their name and can recognize it from different voices, but sometimes choose to ignore it. There has been some studies to show that cats know their names, but this article says the evidence might not be fully accurate and may have its faults. This claim is not misinformation and is correct based on the credible source of the Scientific American.
Yes, cats do recognize their own name, they simply just don't act us excited or motivated when they hear someone say it. "Atsuko Saito, a behavioral scientist now at Sophia University in Tokyo, previously showed that cats can recognize their owner’s voice." She determined these results by doing multiple tests with a large group of cats.
While its easier to see a do react when his or her own name is called, cats mentally are reacting as well.