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-square93linkfedilinkarrow-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-square93linkfedilink
minus-squarePhilippe23@lemmy.calinkfedilinkEnglisharrow-up7·1 day agoA.) Meta’s issuing new shares for this, so it’s shareholders, not the company, that are going to pay his tax bill. B.) The deal is issuing non-voting shares so he still holds the majority of shares that matter after this.
A.) Meta’s issuing new shares for this, so it’s shareholders, not the company, that are going to pay his tax bill.
B.) The deal is issuing non-voting shares so he still holds the majority of shares that matter after this.