Billionaire hedge fund manager Bill Ackman says he will move management company out of Delaware
Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.
Meta Said to Explore Incorporating in a Different State
The owner of Facebook and Instagram is incorporated in Delaware, but is considering a change. Its corporate headquarters would remain in Silicon Valley, people with knowledge of the matter said.
Delaware's Democratic Governor Vows Change In Face of Tech Exodus
Delaware's leadership has vowed to make changes to prevent further businesses from locating elsewhere amid reports that Meta and Dropbox are moving out of the state. Governor Matt Meyer promised that ...
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Meta mulling move to reincorporate in Texas or another state from Delaware: report
Meta Platforms is in discussions about moving its incorporation from Delaware to Texas or other states, the Wall Street Journal reported Friday, citing people familiar with the matter. The social ...
CITIZENS FOR JUDICIAL FAIRNESS WARNS DELAWARE LEADERS OF CHANCERY OVERREACH IMPACT TO $2 BILLION CORPORATE ECONOMY AS META PREPARES FOR "DEXIT"
Today, the Wall Street Journal and the New York Times reported that Meta, a company worth $1.7 trillion, plans to move their incorporation out of Delaware in response to Chancery Court overreach. The ...
Delaware Faces Exodus of Tech Companies
Delaware is facing a further exodus of tech companies amid reports that Meta and Dropbox are moving out of the state. Newsweek has contacted Meta and Dropbox for comment via email.
Meta turns to solar — again — in its data center-building boom
The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty ...