MadeInDex 📰🌎@lemmy.world to Fuck AI@lemmy.world · 16 days agoBehind the Scenes, Meta's Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spendingfuturism.comexternal-linkmessage-square20linkfedilinkarrow-up1100file-textcross-posted to: news@lemmy.worldtechnology@lemmy.world
arrow-up1100external-linkBehind the Scenes, Meta's Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spendingfuturism.comMadeInDex 📰🌎@lemmy.world to Fuck AI@lemmy.world · 16 days agomessage-square20linkfedilinkfile-textcross-posted to: news@lemmy.worldtechnology@lemmy.world
minus-squarechonglibloodsport@lemmy.worldlinkfedilinkarrow-up12·16 days agoThey can’t. He owns a controlling stake in the company. He could fire all of them.
minus-squarewildncrazyguy138@fedia.iolinkfedilinkarrow-up4·16 days agoHe could, but then the stockholders would likely throw a costly lawsuit at the company for poor governance.
minus-squarechonglibloodsport@lemmy.worldlinkfedilinkarrow-up4·16 days agoWhich is why he won’t unless they try to force his hand. Instead he’ll play politics and maybe fire 1 if he needs to stop a rebellion.
They can’t. He owns a controlling stake in the company. He could fire all of them.
He could, but then the stockholders would likely throw a costly lawsuit at the company for poor governance.
Which is why he won’t unless they try to force his hand. Instead he’ll play politics and maybe fire 1 if he needs to stop a rebellion.