By Nafeesah AllenFeatures correspondent
Getty ImagesAfter apologising at the US Senate online child safety hearing, Meta CEO Mark Zuckerberg announced Facebook’s first dividend – a move that stands to make shareholders rich.
Last week, Mark Zuckerberg made a surprising apology at the Senate online child safety hearing. Then, he followed up days later with another surprise announcement: Meta will issue its first ever dividend – which will make some shareholders very rich indeed.
The tech giant owns Instagram, Facebook and WhatsApp. While In a 1 February Meta press release, Zuckerberg attributed 2023 business growth to completing data center initiatives, laying off nearly 10,000 employees and advancing AI and the metaverse. Apparently, Meta’s “Year of Efficiency”, coined by Zuckerberg in March 2023 is paying off big for shareholders.
How much do Meta shareholders stand to make?
According to the February press release, Meta’s…
