Tag: ELON MUS
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Corporate News Highlights: Sam Altman Criticizes Musk’s OpenAI Bid and Volkswagen Faces Tax Dispute
On February 12, 2025, Sam Altman criticized Elon Musk’s $97.4 billion OpenAI acquisition bid, calling it insecure and asserting that OpenAI is not for sale. Concurrently, a $1.4 billion tax dispute arose in India involving Volkswagen, accused of using enterprise software to circumvent tax laws. On February 12, 2025, significant developments in the corporate landscape…
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Meta Explores Incorporation Shift from Delaware to Texas Amidst Industry Trends
According to The Wall Street Journal, Meta is contemplating moving its incorporation from Delaware to Texas due to dissatisfaction with court rulings. Dropbox announced a similar departure to Nevada, highlighting a trend among tech firms. Texas is becoming increasingly appealing due to its specialized courts for business disputes. Key Highlights – According to The Wall…