Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
Kate Park·
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Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.
Original article
TechCrunch · Kate Park
Opening excerpt (first ~120 words) tap to expand
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. Meta has cut Manus off from its internal systems, Bloomberg reported, preventing employees from using Manus tools for internal projects as the two companies move toward a full separation.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.
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