eicker@lemmy.world to Technology@lemmy.worldEnglish · 1 day agoBehind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending: The directors have had enough.futurism.comexternal-linkmessage-square16linkfedilinkarrow-up1198arrow-down16
arrow-up1192arrow-down1external-linkBehind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending: The directors have had enough.futurism.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square16linkfedilink
minus-squareVoroxpete@sh.itjust.workslinkfedilinkEnglisharrow-up1·3 hours agoMeta does have some very specific issues with their corporate governance in that regard. Mark’s contact basically makes him impossible to fire as CEO. It’s an unusual situation that should have set off alarm bells for investors years ago.
Meta does have some very specific issues with their corporate governance in that regard. Mark’s contact basically makes him impossible to fire as CEO. It’s an unusual situation that should have set off alarm bells for investors years ago.