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299 Meta prepares to unwind its $2 billion Manus acquisition after China’s block

The Next Web
Ana-Maria Stanciuc @ The Next Web · today 02:57 EDT

Meta is preparing to unwind its approximately $2 billion acquisition of the agentic AI startup Manus after China’s National Development and Reform Commission formally ordered the deal’s cancellation on Monday, the Wall Street Journal reported, citing people familiar with the matter. Beijing has given Meta and Manus a preliminary deadline of several weeks to reverse […]
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