EconomySheryl Sandberg says 32-year-old executive reminds her of Mark Zuckerberg
Josh Payne now has to take his startup public amid a turbulent period for the AI industry.
Co-founder, chairman and CEO of Meta Platforms and Facebook
Co-founder, chairman and CEO of Meta Platforms and Facebook
| Title | Co-founder, chairman and CEO of Meta Platforms and Facebook Co-founder and co-CEO of Chan Zuckerberg Initiative |
|---|---|
| Born | 1984-05-14 · White Plains, New York |
| Education | Harvard University (dropped out) |
| Occupation | Businessman, Programmer |
Portrait: Anthony Quintano from Westminster · CC BY 2.0 · Wikimedia Commons
What this person said on the record, as reported, newest first.

Meta CEO Mark Zuckerberg highlighted the company’s AI progress and called for more investment during Wednesday’s earnings call. Its Muse AI agent has attracted 10 million users in six weeks, while third-quarter revenue reached $64.6 billion. Meta is also accused of interfering in Brazil’s presidential election.
FFrance 24

Meta’s board worried that its CEO’s departure could disrupt the company’s AI ambitions. A new stock agreement gives Zuckerberg financial incentives to remain in California.
WWIRED

After the success of its personal AI agent Muse, Meta is introducing a specialized version for small businesses as Mark Zuckerberg seeks to expand the company beyond the consumer AI market.
C
CNBC
Reports that mention this person, by story.
Josh Payne now has to take his startup public amid a turbulent period for the AI industry.
Progressive Democrat Ro Khanna criticized opponents of California’s proposed wealth tax after Meta Platforms disclosed details of how CEO Mark Zuckerberg negotiated a deal to fund a possible tax payment and remain in the state if voters approve the measure.
Mark Zuckerberg has reached an agreement with Meta to help cover a proposed billionaire tax if voters in California approve it.

After months of wrangling over Meta’s financing needs and a proposed California wealth tax, the company will offer existing investors a new class of non-voting shares. A special agreement would let Mark Zuckerberg sell some of those shares without diluting his majority voting power; he had issued an ultimatum to the board over dinner.

Mark Zuckerberg’s months of negotiations with Meta’s board came to a head with an ultimatum delivered over dinner.
Meta Platforms struck a deal with Mark Zuckerberg, Reuters reported, after he threatened to leave California if voters approve a wealth-tax ballot measure. The proposal is part of the Nov. 3 midterm elections and has fueled heated debate and hundreds of millions of dollars in campaign spending.
Meta has agreed to let Mark Zuckerberg sell shares without losing control of the company if he needs to cover a large tax bill. He had considered moving his primary residence out of California over a proposed one-time 5% tax on residents worth more than $1bn, which has not yet passed and will go to voters on 3 November.

Meta quietly created a new class of non-voting shares that could provide Mark Zuckerberg with billions in liquidity without diminishing his control of the company. The move comes amid his concerns about California’s proposed billionaire tax, and Meta says it will also help fund its large AI ambitions.

Meta CEO Mark Zuckerberg highlighted the company’s AI progress and called for more investment during Wednesday’s earnings call. Its Muse AI agent has gained 10 million users in six weeks, while third-quarter revenue reached $64.6 billion. Meta is also accused of political interference in Brazil’s presidential election.

Meta CEO Mark Zuckerberg highlighted the company’s AI progress and called for more investment during Wednesday’s earnings call. Its Muse AI agent has attracted 10 million users in six weeks, while third-quarter revenue reached $64.6 billion. Meta is also accused of interfering in Brazil’s presidential election.
