Meta helps Zuckerberg foot 5% wealth tax, locks him in California for 8 years
The deal raises a key question: should companies cover executives' personal tax bills?

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The deal raises a key question: should companies cover executives' personal tax bills?
Facing a possible California wealth tax, Meta's board restructured the company's shares to help Zuckerberg pay the bill.
Meta's new $150B share class gives Zuckerberg $20B in liquidity to cover the tax, but only if he stays put.
The social media giant's ad engine and AI bet absorbed a massive teen-safety settlement and a new $25B privacy fine, keeping growth on track.
The legendary RPG studio's closure lands months after a $55 billion investment group buyout of EA, raising tough questions for gaming's biggest acquirers.
The billionaire CEO says both boards have formed special committees to weigh a combination that would unite the world's most valuable automaker with its dominant private rocket company.
A $1.5 billion defense infusion for North Carolina chipmaking signals a new era of Pentagon-backed reshoring - here's what it means for the industry.
On SpaceX's second-ever earnings call, Elon Musk said both companies formed special committees to explore a combination, with no terms agreed.
The rocket giant's third-quarter net income shows AI demand is now a decisive force in the space economy.
The Hunger Games and John Wick owner is now in play, with activist pressure mounting and a $3.6 billion market cap on the table.
Beijing's EV giants are shifting from exports to local assembly, spending billions to keep their European sales boom alive.
A second $45B deal would bring the pair's total to $90B and escalate the AI compute race.