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.
Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.
The potential step by the social-media giant follows a similar move by Elon Musk, who moved to reincorporate his companies in ...
Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally ...
Meta’s possible move to Texas echoes Elon Musk’s decision to reincorporate Tesla and SpaceX to the Lone Star state. Musk’s move to exit Delaware came after a court in the state ordered him to give up ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to ...