Meta cranks Zuckerberg's personal security budget to $14m while cutting everything else
That massive security budget is necessary"to address safety concerns due to specific threats to his safety arising directly as a result of his position as Meta's founder, Chairman, and CEO," the company said in its filing, adding:"Meta requires security measures for the company's benefit because of the importance of Mr Zuckerberg to Meta."
Prior to setting the $10 million security budget in 2018"to pay for additional personnel, equipment, services, residential improvements, or other security-related costs," Zuckerberg's security costs were still paid by Facebook, but they varied considerably from year to year.
Zuckerberg's security costs continue to dwarf those of other tech leaders, and aren't limited to what Meta budgets for him: on top of his $10 million security allowance, Zuck used anAmong the job cuts wave that started in late 2022 and hasn't yet stopped, Meta's layoffs of 13 percent of its global headcount – more than
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mark Zuckerberg to spend $14,000,000 on beefed up personal securityMeta has increased the security allowance given to Chief Executive and co-founder Mark Zuckerberg and his family by $4 million to $14 million.
Read more »
Meta-analysis showcases the long-term benefits of COVID-19 vaccines against hospitalization & deathMeta-analysis showcases the long-term benefits of COVID-19 vaccines against hospitalization & death Coronavirus Disease COVID Vaccines LancetRespirMed mbmc_cmcm CADTH_ACMTS Concordia
Read more »
Waters Off New England Had 2nd Warmest Year on Record in 2022The waters off New England logged the second-warmest year in their recorded history last year. The Gulf of Maine, a body of water about the size of Indiana that touches Maine, New Hampshire, Massachusetts and Canada, is warming faster than the vast majority of the world’s oceans. Scientists with Gulf of Maine Research Institute, a science center in Portland say last year fell short of setting a new high mark for hottest year in record by less than half a degree Fahrenheit. The average sea surface temperature was 53.66 degrees Fahrenheit, more than 3.7 degrees above the 40-year average.
Read more »
The Hills star Audrina Patridge announces tragic death of her 15-year-old nieceAudrina Patridge has announced the sad news that her teenage niece Sadie has died.
Read more »
Minecraft getting new cherry blossom biome in this year's big 1.20 updateMinecraft developer Mojang is gearing up for this year's big 1.20 release, and following on from last week's revelation…
Read more »
Report: Grant Williams Could Seek $20M Per Year on Next ContractGrant Williams is still a member of the Celtics after last week’s NBA trade deadline, but whether Williams re-signs with Boston this summer might be a more complicated matter based on his potential price tag.
Read more »