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Delaware faces exodus of tech companies

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Delaware faces exodus of tech companies


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.

Why It Matters

Delaware has long been considered a business-friendly state due to its corporate tax advantages, and is home to multiple large companies. However, backlash against the First State has intensified after Delaware Judge Kathaleen McCormick ruled that Tesla CEO Elon Musk’s record-breaking $56 billion compensation package was excessive.

Musk, who has become increasingly influential in both the political and corporate world, urged companies to pull out of the Democratic-led state. In February 2024, he announced that SpaceX was relocating its incorporation from Delaware to Texas, following Tesla’s corporate move from California to Texas in 2021.

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A photograph taken during the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024, shows the logo of Meta, the US company that owns and operates Facebook, Instagram, Threads, and WhatsApp.

FABRICE COFFRINI/AFP/Getty Images

What to Know

Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly considering moving its incorporation from Delaware to another state, such as Texas, according to reports in the national press.

The company has been in talks with Texas officials about the potential move, though other states are also being considered. An unnamed source told The Wall Street Journal that these discussions predated former President Donald Trump’s return to office.

Musk holds a role in the new Trump administration as head of the Department of Government Efficiency (DOGE).

The move would not involve Meta relocating its corporate headquarters out of California.

Texas is perceived as having a more favorable legal and regulatory environment for businesses, particularly in taxation and corporate governance, Reuters reported.

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Meanwhile, file-hosting service Dropbox is also said to be moving its incorporation from Delaware to Nevada.

The move was revealed in a letter to stockholders that has been shared on social media. Dropbox said it has received approval from a majority of shareholders to proceed with the transition.

What People Are Saying

Stephen Bainbridge, a law professor at the University of California, Los Angeles, told The Wall Street Journal: “The Texas state government is trying to send out signals that the Texas state courts will be more friendly to businesses than the Delaware court has been. But there’s no guarantee that that’s going to happen.”

Eric Talley, a corporate law and governance professor at Columbia Law School, told The New York Times: “One could read this as a bet that because Musk moved Tesla and some of his other companies to Texas, the client effects will be that it’ll develop a jurisprudence friendly to controllers. The hope that Musk and Zuckerberg have is that the courts in Texas will be much more permissive about them doing whatever they want, even if it involves a conflict of interest. There’s a much longer leash in Texas.”

Robert Anderson, a law professor at the University of Arkansas, posted on X, formerly Twitter: “Dropbox is also leaving Delaware. It’s happening. For those who don’t spend their days studying corporate law, today is an absolutely seismic event.”

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Elon Musk in a January 2024 post on X: “Never incorporate your company in the state of Delaware

Dropbox, in a message to stockholders, stated: “Stockholders of the company holding at least a majority of the voting power of our outstanding shares of capital stock entitled to vote adopted resolutions by written consent in lieu of a meeting of stockholders to approve the reincorporation of the company from the state of Delaware to the state of Nevada by conversion.”

What Happens Next

It remains unclear when or if Meta and Dropbox will officially move out of Delaware.



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Delaware

Power outage number tops 13,000 in Delaware County as storm hits

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Power outage number tops 13,000 in Delaware County as storm hits


Storms hit Saturday shortly before 3 p.m. in Delaware County with limbs down on lines, wires down, plus lightning strikes, and quickly nearly 8,000 PECO customers were without power.

There was an accompanying deluge as well in parts of the county, with many low-lying areas flooding. The power outage number continued rising to 10,365 by 3:10 p.m., and to over 13,000 by 3:30. By 4 p.m. that number began to decline.

The first lightning strike dispatch was to a house in the 100 block of Edgewood Avenue in Haverford Township, and crews were dispatched minutes later to the Five Guys on Town Centre Drive in Concord Township.

Crews arriving on both scenes reported nothing was evident, but they would investigate further, according to radio traffic.

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Fire stations were also sent to a water rescue in the 2800 block of East County Line Road in Haverford. Police arrived first and reported that half the vehicle was underwater. The officer soon located the driver, who had gotten out and made it to safety, according to radio traffic.

Police, fire and ambulance dispatches continued rapid fire at 3:30 p.m. PECO was asked to respond to numerous locations. Numerous alarm calls were also received at the county communications center.

A National Weather Service-issued severe thunderstorm warning was in effect for eastern Delaware County until 3:30 p.m. There was also a flash flood warning for the same area until 6:45 p.m.

One rainfall measurement was available at 3 p.m. That was St. Davids, where 0.71 inch of rain was recorded in less than 45 minutes, eventual reaching eight-tenths of an inch.

The Philadelphia International Airport recorded 0.32 inch of rain.

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Sunny skies were expected to dominate the weather for the workweek, with high temperatures rising into the 90s on Wednesday and likely to stay there at least through Friday.



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New information on “sophisticated cybercriminal attack” against Delaware County

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New information on “sophisticated cybercriminal attack” against Delaware County


Saturday, July 11, 2026 1:40PM

New information on "sophisticated cybercriminal attack" against Delaware County

MEDIA, Pa. (WPVI) — There is new information about what is being called a “sophisticated cybercriminal attack” against Delaware County.

According to officials, hackers were able to gain limited access to the county’s network and some of the data stored on it.

They are working with cybersecurity experts to learn the extent.

The sheriff’s office, district attorney, libraries and county council have all been dealing with disruptions since the attack on June 26.

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The county’s internal networks are now up and running, and work is still ongoing to reinstate external-facing county services.

Copyright © 2026 WPVI-TV. All Rights Reserved.



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Investigation underway after controversial traffic stop in Delaware

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Investigation underway after controversial traffic stop in Delaware


DOVER, Del. (WPVI) — Delaware State Police are investigating a controversial traffic stop making the rounds on social media.

The video shows a trooper forcing a woman out of her car, slamming her to the ground, punching and tasing her.

It happened on July 7, in Dover, Delaware.

But Delaware State Police say the video doesn’t tell the whole story. They released a statement to provide what they call necessary context and clarity.

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State police say the woman, identified as 38-year-old Sierra Hopkins, was initially pulled over in the area of S. Bay Road and Lafferty Lane in Dover for having suspended tags, no car insurance, and no driver’s license.

She was issued citations and let go, but then stopped again minutes later by the same trooper on E. Lebanon Road, who decided to follow protocol and have her car towed.

State police say he did this because Hopkins had been cited for the same violations five days earlier.

Things quickly escalated during this stop, with police stating she refused to leave her car, resisting, kicking and scratching the trooper in the face.

It all happened while several juveniles were in the car.

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“This is such a vulnerable and tender moment… I’m sure her children were present, which brings another cause of concern because that’s trauma,” said Fleur McKendell, President of Delaware NAACP State Conference.

McKendell says her organization is pushing for a full and thorough investigation.

“It’s really deeply concerning. It’s evoked a lot of strong emotions from myself, my organization, as well as the public. I think it’s important to understand the full context of the content we have viewed before reaching conclusions, so I’m very eager to review available video footage and the circumstances that preceded and occurred during that incident,” says McKendell.

Delaware Governor Matt Meyer is also weighing in on this confrontation.

He released the following statement to Action News:

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“Every law-enforcement officer is entrusted with a duty to protect, to serve, and to uphold the dignity and rights of every person, in every community. Policing relies on trust. That trust is not automatic; it is earned every day through mutual respect, integrity and transparency. The people of Delaware deserve transparency, and this administration will not turn away from that responsibility.”

Hopkins was later charged with assault of a law enforcement officer, resisting arrest; driving without a license, endangering the welfare of children and other registration violations.

State police did not mention the current status of the trooper.

Copyright © 2026 WPVI-TV. All Rights Reserved.



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