minus-squarePhilippe23@lemmy.catoTechnology@lemmy.world•Behind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending: The directors have had enough.linkfedilinkEnglisharrow-up8·17 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. linkfedilink
minus-squarePhilippe23@lemmy.catomemes@lemmy.world•Once in a lifetime they said…linkfedilinkEnglisharrow-up10·2 months agoTry being a few years older and they brought you all into the cafeteria to watch the Challenger launch live. 🤩🚀💥🤯😭🪦 linkfedilink
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.