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Re:Meta in talks to reincorporate in Texas or another state,... by Hatchback7599 on Friday January 31, 2025 @04:04PM (#42891973)
>All 3 of them are unaccountable to anyone.

In what way are they unaccountable to anyone?

Their wealth is tied up in stock whose value is tied to the perception, aka the accountability, of the general public. Not being able to personally destroy someone's wealth because you don't like what they're doing is different from being unaccountable. If tomorrow Zuck released an AI model or FB feature that was deeply unpopular, his ventures and personal wealth would dwindle according to the market's reaction. That's accountability. I'm not even a fan of Zuck... he's a slimy weasel who changes his tune to whoever is in power. But public perception directly affects his decision making.

Re:Meta in talks to reincorporate in Texas or another state,... by m_ke on Friday January 31, 2025 @04:15PM (#42892116)
Zuck has majority voting shares, so can't be fired.

Sam already proved that nobody at OpenAI can get him out, and the new board makes that even harder.

Same for Elon.

No matter what happens, all 3 will be billionaires for the rest of their lives.

Re:Meta in talks to reincorporate in Texas or another state,... by dgfitz on Friday January 31, 2025 @04:29PM (#42892321)
Nothing you said refuted the point made.