As if the free lunches, free health insurance and free commutes weren’t enough, news of another perk for tech workers emerged on Monday in this report from the New York Times. The story describes a tax loophole that allows tech workers to keep millions of dollars in stock gains tax-free as long as they joined their company when it was worth less than $50 million and held on to their stock for...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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