China blocks $2bn Meta takeover of AI agent developer Manus
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New York TimesAApr 27, 2:08 PM
China Will Require Meta to Unwind Acquisition of AI Start-Up Manus
The impact of the ruling was not immediately clear, but it could send a chilling signal to Chinese tech founders seeking to team up with foreign companies.
The GuardianAApr 27, 2:35 PM
China blocks $2bn Meta takeover of AI agent developer Manus
Beijing says domestic tech companies must seek explicit government approval for accepting US investment Business live – latest updates China has blocked Meta’s $2bn (£1.5bn) acquisition of an AI st
NPRAApr 27, 12:47 PM
China blocks Meta from acquiring AI startup Manus
Meta said Monday that the transaction "complied fully with applicable law" and that it anticipates "an appropriate resolution to the inquiry."
Business InsiderBApr 27, 11:13 AM
What's at stake for Meta if China kills its Manus deal
Bloomberg/Getty Images China has ordered Meta to unwind its acquisition of the startup Manus. Meta announced it would be acquiring Manus in December for $2 billion. Manus was created in China but mov
CBS NewsBApr 23, 7:49 PM
Meta to cut 8,000 jobs as it charges into AI
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
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BBC NewsAApr 27, 12:21 PM
China blocks Meta's $2bn acquisition of AI start-up Manus
It comes after months of scrutiny by Chinese regulators over deal struck with Facebook owner.
AxiosAApr 23, 7:54 PM
Meta to lay off 8,000 as part of AI efficiency push
Meta told staff Thursday it plans to lay off roughly 8,000 people, or around 10% of the company, two sources confirmed to Axios. Why it matters: The cuts underscore how soaring AI costs are pressurin
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