TNB Tech Minute: Meta in Talks to Move Incorporation Out of Delaware
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 31 January 2025
⏱️ 3 minutes
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| 0:00.0 | Americans love using their credit cards, the most secure and hassle-free way to pay. |
| 0:04.0 | But DC politicians want to change that with the Durban Marshall Credit Card Bill. |
| 0:08.0 | This bill lets corporate megastores pick how your credit card is processed, |
| 0:13.0 | allowing them to use untested payment networks that jeopardize your data security and rewards. |
| 0:18.0 | Corporate megastores will make more money and you pay the price. Tell Congress |
| 0:22.7 | to guard your card because Americans lose when politicians choose. Learn more at guard your card.com. |
| 0:31.4 | Here's your TNB Tech Minute for Friday, January 31st. I'm Belle Lynn for the Wall Street Journal. We are exclusively |
| 0:40.8 | reporting that Meta is discussing moving its incorporation from Delaware, which is where most big |
| 0:47.1 | U.S. companies are legally housed. That's according to people familiar with the matter. |
| 0:52.5 | Meta has talked to Texas officials about the possible changes |
| 0:56.3 | and has also considered reincorporating in other states, according to those sources. The paperwork |
| 1:02.3 | change wouldn't relocate Meta's corporate headquarters. A meta spokesman said there are |
| 1:08.3 | no plans to move the company's corporate headquarters from California |
| 1:11.6 | and declined to comment further. The European Union's top antitrust enforcer has responded to |
| 1:19.4 | criticism from President Trump, who attacked the multi-billion euros and fines the block has imposed |
| 1:26.4 | on American tech giants over the last decade. |
| 1:29.4 | The top European Commissioner in charge of competition said the funds are, quote, not a tax on |
| 1:36.0 | American companies. The remarks from the EU come roughly a week after Trump said in an address to |
| 1:42.7 | the World Economic Forum in Davos, Switzerland, |
| 1:45.8 | that the EU, quote, treats us very, very unfairly. |
| 1:50.3 | The bloc has issued some 8.25 billion euros in fines to Alphabet's Google in the last 10 years, |
| 1:58.2 | and recently fined META, 797.7 million euros for allegedly abusing its |
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