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Showing posts with the label operations

Mark Zuckerberg's META in Talks to Reincorporate in Texas

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One of the biggest companies in the world may soon find themselves a new operating home. Indeed, Mark Zuckerberg’s META is reportedly in talks to reincorporate in Texas, according to a Wall Street Journal report. The company is discussing a potential move to transfer its legal residence to the southern state. Such a move would see the Zuckerberg-led company leave Delaware, a popular state to base operations for larger United States companies. According to the report, Texas is not alone in its consideration. Sources with information on the matter note that the company has “also considered reincorporating in other states.” JUST IN: Mark Zuckerberg's META in talks to reincorporate in Texas. — Watcher.Guru (@WatcherGuru) January 31, 2025 Also Read: META Drops Fact-Checking: What Trump Alightment Means for The Stock Mark Zuckerberg’s META to Leave Delaware, In Talks to Move Operations to Texas Although we are just 31 days into the year, 2025 has already been transform...

BarnBridge DAO to halt operations amid reported SEC investigation 

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According to Douglas Park, a lawyer, the BarnBridge protocol should stop all operations due to an ongoing investigation by the US Securities and Exchange Commission (SEC). BarnBridge is a platform that builds infrastructure and protocols around a fiat stablecoin. BOND is the native governance token allowing holders to vote on proposals. Douglas Park, who was recently voted as BarnBridge DAO’s legal counsel, revealed via Discord that the DAO and individuals associated with the DAO are reportedly under investigation .  Without giving further information about what the regulator is investigating, Park advised the cessation of all activities: “To reduce potential further legal liability, existing liquidity pools should be closed, and no more liquidity pools should be started. All work on Barnbridge-related products should stop, and individuals should no longer be compensated for any work related to Barnbridge until further notice.” BarnBridge co-founder Tyler ...