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Meta Reportedly Moves to Unwind $2B Manus Deal After Beijing's Demand
Meta has halted data sharing and cut Manus off from internal systems as it unwinds the acquisition under Chinese regulator orders, Bloomberg reported.
Summary by TechCrunch
5 Articles
5 Articles
Meta Begins Unwinding $2 Billion Manus Deal After Beijing Orders Breakup
Meta has reportedly completed an operational separation from Manus and halted data sharing between the two companies as it works to comply with a directive issued by Chinese authorities.
Meta Begins Unwinding $2B Manus Acquisition After Beijing Divestiture Order
BitcoinWorld Meta begins unwinding $2B Manus acquisition after Beijing divestiture order Meta has begun dismantling its $2 billion acquisition of Manus, completing an operational separation from the Chinese-founded AI startup and halting data sharing between the two companies. This is the most concrete step yet toward complying with a divestiture order Beijing issued roughly two months ago on national security grounds. Operational separation un…
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100% Center
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