Musk compared Mark Zuckerberg to a monarch. The founder of Facebook owns a majority of the voting shares. The CEO of the company said that he would avoid a similar stronghold if he owned it. During an interview on Thursday, Musk said he didn't like Mark Zuckerberg's control over Meta. During an interview at the TED conference, Musk was asked about his offer to buy the micro-blogging site. Chris Anderson asked Musk if his status as the richest man in the world and one of the platform's top influencers could pose a conflict of interest. Musk appeared to compare the Facebook founder to King Louis XIV by taking a jab at him. Musk said that Mark Zuckerberg will still be in charge of Facebook even though he has a share ownership structure. Musk said that like literally, and the audience laughed. Meta is the parent company of Facebook, and the CEO of the company was referring to it. The founder of Facebook has complete veto power over other shareholders when it comes to the company's future. The company has a dual-class stock structure that gives the company's founder, CEO, and select executive managers the ability to vote as many times as they want, but other shareholders are limited to one vote per share. A Meta spokesman didn't respond to Insider's request for comment. Musk still enjoys a lot of influence even though he doesn't have a dual-class share structure. Musk has a 17% stake in the electric carmaker. Musk has veto power over major changes at the company because of the supermajority voting rules that require the approval of two-thirds of shares. Musk said he would structure the company in a way that would avoid any perception of a conflict of interest if he were to buy the company. Musk said that he wouldn't personally be in their editing. Musk said his offer to buy Twitter is not a way to make money, but to protect freedom of speech. The CEO appeared to dislike the moderation efforts of Meta. The social media company has faced pressure from both sides on its handling of COVID-19 misinformation. Musk seems to believe that the platform should allow the dissemination of information if it is legal in the countries it operates in. Musk said that he doesn't have all the answers, but he thinks that we want to be very cautious with permanent bans. Timeouts are better than permanent bans. There is a longstanding feud between Musk and Zuckerberg. In 2016 a public statement was issued by the CEO of Facebook saying he was deeply disappointed in the company after one of their rockets destroyed a satellite. Most recently, Musk criticized Facebook for how it handled the siege on the Capitol. The original article is on Business Insider. The board of the social media company approved a defensive move on Friday, one day after the CEO of the company offered to buy it. The tech world is reacting to Musk's bid. Few know that Amazon has millions of Prime subscribers. The dumbbell front raise exercise is counter productive for training your front delt muscles. A lawyer sparked a discussion with his TikTok. According to a visual, the superyacht was towed past the former mansion of Henry Flagler in Palm Beach, FL. The yacht's owner is frequently cited. A man builds a trap to catch a thief. Florida governor Ron DeSantis and the Florida Senate are on the warpath to make sure that any discussions about race and discrimination in public schools and private business don't hurt white people. The founder of Theranos and the company's former president are the worst qualities of straight people, from bad dancing to an obsession with self-optimization. Tax assessments haven kept pace with rising home prices, which could cause headaches for homeowners over the next few years. The five episode-run of Private Eye was solid, but the timing of the show was bad. In this week's edition of Cut Line, we celebrate Scottie's past and ponder Phil's future. White House press secretary Jen Psaki on Thursday night offered a preview of the Biden administration's next steps with student debt, following President Joe Biden's move earlier this month to extend the pause for federal student-loan repayments through August 31. Jessica Simpson's daughter has a famous friend. Simpson lives in the same neighborhood as KimKardashian, and one of Simpson's best friends is North West. She is a great person. This all-natural sleep patch is changing the way we sleep. Every morning, wake up more refreshed. If the meme coin increased its transaction rate, it could eventually compete with Visa. According to police sources, the man accused of opening fire on a subway train in Brooklyn visited multiple Manhattan neighborhoods as the NYPD searched for him. More than 24 hours after 10 people were shot on a crowded N subway as the train pulled into Brooklyn's 36th Street Station, James was arrested in Manhattan's East Village neighborhood. Police recovered James' phone, credit card and MetroCard at the scene of the shooting, but he had a second phone and MetroCard which police are now using to track his movements after he escaped capture at the scene of the crime, police sources told ABC News. Los Angeles wants to stop pulling over cars for minor violations, like broken taillights or expired tags, because they are used as a pretext to search for drugs or guns. Los Angeles became the largest city to restrict the policing of minor violations. A ban on such stops has just taken effect in Philadelphia. Pittsburgh; Seattle; Berkeley, California. Imagine walking to your car and seeing hilarious and embarrassing parking jobs. The woman who shot with Harden for Bodyarmor's latest ad told Insider that she sees a major difference in their styles of play. Plastic scrap will not be accepted on any of the ships. The backlash against Western countries dumping plastic in China and southeast Asia has resulted in the ban. Some shareholders will be given the right to buy more stock. Some acts of street art are funnier than criminal acts, and we believe many would agree. Good riddance to the awkward group interview. People had to wait for Kim and Khlo to finish riding the teacup rides at Disneyland, but a video of them was posted by a TikToker. Kim was riding the tea cup ride with no other passengers. The first man to be executed in South Carolina in more than a decade decided to die by firing squad instead of the electric chair, according to court documents. The first state prisoner to face the choice of execution methods is Richard Bernard Moore, 57, who was sentenced to death last year. Moore was sentenced to death for the 1999 killing of a convenience store clerk.Business Insider
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