eicker@lemmy.world to Technology@lemmy.worldEnglish · 3 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-square93fedilinkarrow-up137 cross-posted to: Aii@programming.dev
arrow-up137external-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 · 3 days agomessage-square93fedilink cross-posted to: Aii@programming.dev
minus-squarePhilippe23@lemmy.calinkfedilinkEnglisharrow-up7·2 days 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.