Meta's board clashes with Zuckerberg over out-of-control AI spending
Meta's board of directors is pushing back against CEO Mark Zuckerberg's demand for a large stock-heavy pay raise, with some members threatening to resign. The conflict stems from the company's runaway AI spending: Meta reported negative free cash flow of $2.12 billion in the third quarter of 2026, its first time in the red since 2012.
