Hosted on MSN28d
What it means for Delaware if Meta, Facebook's parent company, reincorporates elsewhere
Big companies potentially quitting Delaware has been in the news in the past week. Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to ...
Delaware’s grip on corporations seemed solid. Elon Musk led a revolt.
Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, ...
Social Media Insurance Dispute Belongs in MDL, Meta Tells Panel
Hartford Insurance Group Inc. units and other carriers are making a “meritless” bid to oppose transferring a coverage dispute ...
Delaware Scrambles to Stop Tech Exodus
Several high-profile tech companies threatened to move to states where shareholder litigation is more difficult.
Finance & Commerce14d
Meta buys more Rosemount land for data centers
Two pieces of land in Rosemount have been bought by a group associated with Facebook parent company Meta for 70 million, ...
The Business Journals27d
Meta reportedly considers reincorporating in Texas
Delaware is a popular place for major companies to incorporate. Meta, the parent company of Facebook and Instagram, did so 2004. But CEO Mark Zuckerberg is considering moving its legal base to ...
Elon Musk Blasts Delaware Court After $100B Pay Package Rejected – Sparks Corporate Exodus Threat
To address growing concerns, Delaware lawmakers this month introduced Senate Bill 21, a proposal aimed at making the state's corporate laws more appealing to executives like Musk, Meta CEO Mark ...