eicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoBehind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending: The directors have had enough.futurism.comexternal-linkmessage-square92linkfedilinkarrow-up1518arrow-down19
arrow-up1509arrow-down1external-linkBehind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending: The directors have had enough.futurism.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square92linkfedilink
minus-squareVoroxpete@sh.itjust.workslinkfedilinkEnglisharrow-up5·1 day agoMeta does have some very specific issues with their corporate governance in that regard. Mark’s contact basically makes him impossible to fire as CEO. It’s an unusual situation that should have set off alarm bells for investors years ago.
Meta does have some very specific issues with their corporate governance in that regard. Mark’s contact basically makes him impossible to fire as CEO. It’s an unusual situation that should have set off alarm bells for investors years ago.