China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to ...
Meta’s $2 billion acquisition gets blocked by China. What the deal was all about in the first place.
Meta Platforms on Monday suffered a setback as a deal to acquire a company focused on autonomous artificial intelligence products was blocked. Meta’s plan to buy Singapore-headquartered Manus, ...
China's state planner asked Manus and Meta to withdraw the acquisition transaction, following the tech giant announcing a $2 billion takeover plan in December. The deal has garnered scrutiny from both ...
The Chinese Government on Monday blocked Meta’s $2 billion deal to acquire the Chinese-founded artificial intelligence startup Manus, a regulatory maneuver that comes amid an escalating fight between ...
Meta Platforms (META) has a $1.7 trillion market cap and approached $2 trillion on several occasions, with eMarketer projecting $243.46B in global ad revenue for 2026 to finally surpass Alphabet ...
What just happened? Beijing has blocked Meta's acquisition of Manus, the Chinese-founded AI agent startup it bought in December for more than $2 billion. The National Development and Reform Commission ...
A new lawsuit alleges that Meta, the parent company of Facebook and Instagram, misled users about the company's efforts to prevent scams on its platforms. The Consumer Federation of America (CFA), a ...
Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company pushes deeper into artificial intelligence. In an internal memo sent to ...
Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg. Meta also will not hire for 6,000 roles that are currently open. According to an ...
More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...
Meta plans to lay off 10% of its workforce, about 8,000 employees. The job cuts will begin May 20, and the company is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo ...
China’s top economic planner, the National Development and Reform Commission (NDRC), said on Monday it has blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese ...
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