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 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.
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 ...
Meta Seeks Pause on Insurance Row Over Social Media Lawsuits
Meta Platforms Inc. and its subsidiary Instagram asked a Delaware federal court to pause an insurance coverage dispute over ...
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 ...