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Roula Khalaf, the editor of FT, selects his favorite story in this week’s newsletter.
Meta has been discussed to re -incorporate outside of the Delaware state, and has long been the latest technical group to study the withdrawal of the US company.
The Social Media Group is comparing to move legal residence to another state, such as Texas, but he has not decided his destination. 。
In the lecture, Mark Zuckerberg, the highest executive of Meta earlier this month, has a trust and safety staff based in the United States as part of the overhaul of “freedom of speech” in the content of content moderation. It was held after the announcement that it would move from California to Texas.
Zuckerberg stated that the shift would be useful for the company to “build the trust of doing this job in places where there are few concerns about the team’s prejudice.”
Meta has censorship of conservatives from President Donald Trump and his allies, and has recently been trying to trial a new administration’s court. 。
Meta refused to comment on the possibility of relocation. However, the group said there was no plan to move the headquarters from California. The Wall Street Journal first reported its potential re -arrangement.
Last year, Elon Musk was a lawsuit over a lawsuit to prevent his huge wage package rejected twice by a court court in response to shareholders to reconstruct TESLA, an electric vehicle manufacturer, to Texas. I left the Delaware over.
The world’s most wealthy mask also reconstructed social platform X from Delaware to Texas.
Delaware is struggling to decide a dispute with a dominant shareholder or a company with double -class shares. State Corporate Law imposes higher legal examination standards for these so -called controlled companies.
Meta faced some violation lawsuits in Delaware in Delaware. This opposed the stock re -classification that gave Zuckerberg, which was abandoned in 2017, before the trial.
About two -thirds of S & P 500 are incorporated into Delaware, and many venture capital investors require emerging companies to create legal housing.
The corporate law observers believed that the protection of state investors would forcing the management team to stay in Delaware. However, large companies, such as leaving the meta, may be pioneer for further migration.
A cloud storage provider’s drop box stated on Friday that shareholders have approved a reorganization from Delaware to Nevada. Dropbox stated in a regulatory authority that the change was partially performed for the “Delaware State’s more and more lawsuit environment.”
In November, online marketing company, THE TRADE DESK, stated that shareholders have approved the reorganization from Delaware to Nevada.
Landmark’s investor litigation is progressing through the Delaware Court, which was implemented by a minority of TripAdvisor. They are seeking damages from the recent Nevada job change from corporate management that gained more power.