Meta agrees deal to keep Zuckerberg in California despite wealth tax proposal

Source: www.ft.com · Section: business-tech · Bias: Center-Right · Published: Wed, 21 Oct 2026 22:58:30 GMT

Group to create new class of non-voting shares to allow stock sales without diluting founder’s control

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The same story across the political spectrum (15 sources)

Left: A California immigrant and a Nevada group, joined by top Democrats, sue over federal election probes — www.latimes.com
Center: This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax — www.marketwatch.com
Center-Left: Meta hit with $25 billion penalty for misleading Facebook users — www.axios.com
Center: Most of the internet is suddenly melting down, and there's only one fix — www.theblaze.com
Center: Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure — www.wired.com
Right: Meta agrees to let Mark Zuckerberg remain in California amid proposed billionaire wealth tax — www.foxbusiness.com
Right: Meta creates a new stock class to keep Zuckerberg in control — aol.com
Right: Meta fined $25bn for 'lies' over user data privacy — www.bbc.com
Right: Meta settles multi-billion-dollar lawsuit for harming, deceiving users — www.avclub.com

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