The Instagram parent is exploring the possibility of relocating its legal incorporation to Texas from Delaware, according to The Wall Street Journal.
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.
Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally ...
Meta may be shopping for a Stetson. The social media giant reportedly is considering moving its legal residence to Texas. Meta Platforms Inc. — as the owner of Facebook, Instagram and WhatsApp is ...
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.
The potential step by the social-media giant follows a similar move by Elon Musk, who moved to reincorporate his companies in ...
Many U.S. companies incorporate in Delaware, due to laws favoring businesses. But amid a lawsuit, Meta is considering leaving ...
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 ...
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big ...
Meta’s Mark Zuckerberg is purportedly “in talks” to move the social media empire’s incorporation papers to the Lone Star ...
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.