202
Meta strikes deal with Zuckerberg to protect him from California wealth tax
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Oct 2026
202 points (95.1% liked)
Technology
89039 readers
2806 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
So meta employees got his back? The money comes from somewhere. If you weren't borderline suicidal working for Meta this should do the trick!
There is no new money.
Its a shares split with half being voting shares and half being not voting shares.
Zuckerberg will sell the non voting shares.
Non voting shares shouldn't exist. Buying a piece of a company and not being able to voice a say is an insane system
If you want to vote just buy the voting ones. If you dont want to vote, get the non voting ones for a discount. No ones being forced to buy these, they're being equally given to everyone, and everyone will have the same voting rights once its done.
Most retail investors dont even vote.