Source-linked briefing Technology

China blocks Meta’s $2B Manus deal; company to go it alone

China blocks Meta’s $2B Manus deal; company to go it alone

Manus will resume as an independent company after China blocked Meta’s planned $2 billion acquisition announced last December. The deal was aimed at bolstering Meta’s AI strategy, but regulatory resistance derailed the purchase.

Original headline

Manus to return as independent company after China blocks Meta deal