Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand

TechCrunch ·

Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand

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. …

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. …

Original source: TechCrunch

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