AIWall Street Journalabout 1 hour ago
Meta Board Plans Resignation Over AI Costs
2 min read
Meta board members prepare to resign if CEO Mark Zuckerberg does not back down from his compensation demands driven by AI spending. The company posted a negative free cash flow of $2.12 billion in the third quarter of 2026, its first deficit since 2012. This financial strain follows security failures in Meta's AI products and automation implementation issues.
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