Zuckerbergs Big Deal to Stay in California

ImageAndrew here.A quick note: For those of you hoping to join us at this year’s DealBook Summit on Nov.

18, we are going to be closing applications shortly given the overwhelming interest.We have a huge day of interviews planned, including with Vice President JD Vance, Prime Minister Mark Carney of Canada, Elon Musk of SpaceX and Tesla, David Ellison of Skydance, Hailey Bieber of Rhode, Sam Altman of OpenAI, Mayor Zohran Mamdani of New York and Christine Lagarde of the European Central Bank, among others.(Check out the full list.) Apply here to attend in person.ImageInside the deal to keep Zuckerberg in CaliforniaMeta stunned investors with its quarterly earnings report, including soaring revenue and spending on artificial intelligence.

(More on that below.)But the most eye-grabbing news was the deal that Mark Zuckerberg, the company’s billionaire C.E.O., negotiated with his own board to stay in California.It was the most public sign yet of how companies are grappling with the risk of a potential tax on many of the state’s billionaires.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....