California

Meta Restructures Shares to Keep Zuckerberg in California

Meta has reached an agreement to keep Mark Zuckerberg in California for eight years by creating non-voting shares he can sell without losing control. The restructuring follows concerns over a proposed 5% wealth tax and gives Meta greater flexibility to finance its AI ambitions.

California Woman Charged With Spying on Taiwan President’s Son for China

US authorities have arrested California realtor Wanying Zhang, accusing her of surveilling Taiwanese President Lai Ching-te’s son and family for Chinese officials. The case centres on an alleged Seattle operation involving photographs, video and vehicle details.