Meta Discusses Reincorporating Its Business Outside Delaware (1)

Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally incorporated since its founding in 2004, according to a person familiar with the conversations.

Meta executives are considering multiple states for a possible reincorporation, said the person, who spoke on the condition of anonymity to discuss non-public information. One of the states being considered is Texas, according to The Wall Street Journal, which first reported the news. Meta has two data centers in Texas and recently announced that it was moving some of its content moderation work to the state.

Meta has ...