Meta Platforms (META) has released an update.
Meta Platforms, Inc. bolstered its Board of Directors by welcoming John Arnold and Hock Tan to its ranks and its Audit & Risk Oversight Committee, with both meeting Nasdaq’s independence criteria. While Arnold’s background details remain undisclosed, Tan helms Broadcom Inc., a key Meta supplier and service provider, with Meta’s 2023 payments to Broadcom totaling around $500.4 million. This financial relationship underscores the interconnected nature of major tech companies in the industry.
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