Meta makes deal with Zuckerberg after he threatens to leave California over wealth tax

Meta has reached a deal to keep CEO Mark Zuckerberg in California for eight years. Zuckerberg had warned he might leave the state, which houses Meta's headquarters, if voters approve a wealth tax proposal next month. Meta will issue non-voting shares to Zuckerberg, which he could sell to help cover a potential multi-billion-dollar tax bill if the proposal is approved.