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A comment on Texas poised to get own stock exchange – with less red tape than NYSE or Nasdaq. Parent comment

Re:Texas poised to get own stock exchange – with less red ta... by fdasfdasfdjf on Wednesday June 05, 2024 @10:31AM (#40585253)
Many California corporations have moved to Texas. These include HP, Oracle, Tesla and Charles Schwab. It turns out many companies like less regulations.
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Re:Texas poised to get own stock exchange – with less red ta... by digital_sawzall on Wednesday June 05, 2024 @10:54AM (#40585589)
Oracle, like many others, moved in name only. In fact Oracle just changed the headquarters to Nashville.
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Re:Texas poised to get own stock exchange – with less red ta... by abadpoli on Wednesday June 05, 2024 @11:49AM (#40586422)
Oracle didn’t move its entire workforce, but it’s inaccurate to say it was “in name only”. Oracle spent hundreds of millions of dollars building a massive office campus near downtown Austin that reportedly has space for 10,000 employees.

I’m curious what other companies you’re thinking of when you say “like many others”, because all of the ones I can think of have moved significant parts of their operations to Texas.

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Re:Texas poised to get own stock exchange – with less red ta... by mike_d on Wednesday June 05, 2024 @11:01AM (#40585694)
Oracle has north of 160,000 employees. 2,500 of which are in Texas. The founder and CEO both live in other states.
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Re:Texas poised to get own stock exchange – with less red ta... by supplied_demand on Wednesday June 05, 2024 @11:42AM (#40586298)
It seems mostly like companies like to start elsewhere. Once they become established, they like fewer regulations to keep taxes low and throttle competition.

I just wish Texas cared about individual freedom as much as they do corporate freedom.

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Re:Texas poised to get own stock exchange – with less red ta... by kaibee on Wednesday June 05, 2024 @11:10AM (#40585832)
Ah yes, what would we do without HP and Oracle.
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Re:Texas poised to get own stock exchange – with less red ta... by MSFT_Edging on Wednesday June 05, 2024 @03:36PM (#40589483)
And Apple has an HQ in Ireland. Tax havens don't guarantee jobs. They're just tax havens.
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Re:Texas poised to get own stock exchange – with less red ta... by anon84873628 on Wednesday June 05, 2024 @09:30PM (#40592505)
I think they just like cheaper land and labor costs.
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