Some of the social media posts paid for by Gina Hinojosa’s campaign for Texas governor don’t include a disclosure, despite a state regulation that likely requires it.
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
The measures, which fall short of a breakup demanded by the government, effectively ensure that the tech titan’s business will continue largely unscathed.
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