Stock market
Mark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta Control
Mark Zuckerberg had a dinner-table ultimatum with his board, which came after months of wrangling over the company's financing needs and a proposed California wealth tax. Meta will offer a new class of non-voting shares to existing investors, and Zuckerberg will have a special agreement that will give him the ability to sell some of that stock without diluting his majority voting power. Ed Ludlow, Bloomberg Tech Host has the details. Plus, Jackie Reses, co-founder and CEO of Lead on becoming one of a handful of billionaires to buy a bank - and one that's growing exponentially. Max Levchin, CEO
Read the full story at Bloomberg PoliticsOpen in the live monitor