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49 Tencent leads $2B buyback of Manus after China forces Meta to unwind AI startup acquisition

Startups News
Daniel Levi @ Startups News 1 place · today 13:54 EDT

Tencent leads $2B buyback of Manus after China forces Meta to unwind AI startup acquisition

China’s intervention in Meta’s $2 billion acquisition of AI startup Manus is opening the door for one of the country’s biggest technology companies to step in instead. Tencent is in talks to become the largest shareholder in Manus after Chinese ...

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