Faster global financial news!
Meta and Zuckerberg Reach Agreement to Prevent His Departure Over California Billionaire Tax Threat
Meta has reached an agreement with CEO Mark Zuckerberg to prevent him from leaving the state due to California's proposed "billionaire tax." The agreement allows Zuckerberg to sell Meta shares without losing control of the California-based company when paying substantial taxes. The yet-to-be-passed bill, which California residents will vote on November 3, would impose a one-time 5% tax on state residents with a net worth exceeding $1 billion.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: U.S. AI stocks hit hard: Philadelphia Semiconductor Index drops over 6% intraday, Meta falls over 7% amid concerns over AI investment returns and rising oil prices.
|
Next: Bitcoin fluctuates around the $81,500 ETF cost basis, while Donald Trump's remarks on Iran cause U.S. stocks to fall.
24H Trending
-
1
Three companies have notified the U.S. SEC of their plans to launch tokenized stock trading.
-
2
Meta's Q3 revenue and Q4 guidance both exceeded expectations, with the company raising its AI capital expenditure and proposing to issue new non-voting shares, leading to a 6% surge in after-hours trading.
-
3
Anthropic launches AI agent Claude Duet, capable of continuous background operation and proactive task execution
-
4
Treasury Secretary Bessent dismisses 'systemic' AI risks
-
5
Robert Sicari, a former Brevan Howard fund manager, has been sued by a quant trader colleague at his new fund, who alleges Sicari withheld millions of dollars in trading profits.
-
6
Blackstone Executives Say Concerns About AI Infrastructure Debt Are Overblown
-
7
OpenAI says its AI model found a critical PHP vulnerability, leading to government websites in multiple countries going offline.
-
8
CICC: Suggest increasing gold allocation to hedge AI asset risks, dollar depreciation trade is an effective strategy
-
9
Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructure builders.
-
10
Treasuries Slide After Middle East Strife Report Spurs Oil Gains
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
