50°

Zuckerberg Selling $2.3 Billion Worth of Facebook Stock to Pay Taxes

Mashable- Facebook CEO Mark Zuckerberg on Thursday will sell $2.3 billion worth of his company's stock largely to pay tax bills on options that he is exercising.

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Spiewie 3776d ago

Desperate times need desperate measures... Didn't know that Facebook was doing bad at the moment.

Audiggity3776d ago

It isn't doing bad... were you being sarcastic?

He is selling stock to pay his taxes... in other words, the company valuation has accelerated quickly enough to pay for the taxes he owes as a result of the absurd amount of money he's making!

He doubled in worth and the stock price is up over 100% YoY.

Silly rich.

60°

Zuckerberg says "it's time to move on" after Musk pulls a coward card

Elon Musk is a coward. The world's most richest coward.

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70°

Mark Zuckerberg talked about Apple Vision Pro in a meeting

Meta co-founder Mark Zuckerberg has given a review of the Apple Vision Pro headset. According to him, Apple Vision Pro is an extremely expensive product.

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70°

Meta's Mark Zuckerberg Isn't Fazed by the Apple Vision Pro

Meta's Mark Zuckerberg isn't fazed by the Apple Vision Pro, saying there's a "difference in the values and the vision" between the companies.

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