World News
Also on The Vergecast: Mark Zuckerberg’s meat smoker, the future of Hollywood, and more.
Technology
Mark Lanier was the lead attorney in the first social media addiction case to go to trial, against Meta and Google, which saw the plaintiff awarded $6 million in damages. Speaking at WIRED World Fair in Miami , Lanier recalls a moment during the trial where members of Meta CEO Mark Zuckerberg’s ento...
Technology
Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls.
‘Zuckerberg has always been fixated with his control,’ say Meta shareholders suing to block the non-voting shares he could sell to pay a wealth tax.
Technology
For proponents of the tax, Meta’s decision to change its capital structure to help its CEO pay the potential bill shows the tech sector’s deep roots in the state.
Technology
Meta is creating shares Zuckerberg can sell to pay a California wealth tax, after he planned to list his home. He must stay eight years.
Technology
Kathmandu. To reduce potential financial damage from billionaire taxes, Facebook's parent company Meta has agreed to give Chief Executive Officer Mark Zuckerberg additional shares. Meta has found s...
World News
More than 10 million people have set up Meta’s Muse, and Meta had to ask Stripe to raise credit limits. Zuckerberg says profit comes later.
Technology
A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.
World News
What AI spending slowdown? Meta’s chief executive is more bullish than ever on his plans, which should reassure investors who must pour billions more into the neocloud.
Technology
The Silicon Valley industry designing the future is increasingly obsessed with analogue tech from the past.
Technology
The CEO effectively gave the board an ultimatum. The company quickly remade its stock structure to protect him from California’s planned wealth tax.
Technology
With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.
Technology
The Meta boss had said he would exit the state over a wealth tax that has not yet come into force.
Technology
Observers scrutinize Meta founder’s argument about AI’s potential as an equalizer and enabler.
Technology
It said in a filing that Zuckerberg “was evaluating relocating his primary residence” if California’s Proposition 40 passes. As Bloomberg reports, Meta’s board issued special shares so that he wouldn’t have to leave: > Zuckerberg gets non-voting shares he can sell for liquidity without reducing his voting control. In return, he has committed to remain in California — or wherever Meta is headquartered — for eight years while he remains in a full-time leadership role.
Technology
Meta’s board feared that its CEO’s departure could disrupt the company’s AI ambitions. A new stock agreement gives him financial incentives to stay put.
Technology
That’s according to Mark Zuckerberg on the company’s earnings call today. He also says that “About 25% of people who have set up Muse use it on any given day. For our earliest adopters, the longer that they use Muse, the better the retention seems to get.” This week, Sensor Tower reported that the Muse app had hit 10 million US downloads.