Meta quietly created a new class of non-voting shares that could give Mark Zuckerberg billions in liquidity without weakening his control of the company. Bloomberg's Ed Ludlow explains the regulatory filings, Zuckerberg’s concerns over California’s proposed billionaire tax, and why Meta says the move is also about funding its massive AI ambitions. (Source: Bloomberg)
Meta quietly created a new class of non-voting shares that could give Mark Zuckerberg billions in liquidity without weakening his control of the company. Bloomberg's Ed Ludlow explains the regulatory filings, Zuckerberg’s concerns over California’s proposed billionaire tax, and why Meta says the move is also about funding its massive AI ambitions. (Source: Bloomberg)
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