ATR Daily: China wants to unwind Meta-Manus
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China is reportedly taking steps to block or unwind Meta's acquisition of the chinese-origin ai startup Manus. The deal, which was valued at around $2 billion or $2.5 billion, may be reversed, with original investors possibly buying back the company. The move appears to be part of china's efforts to expand curbs on foreign deals and tech transfers.
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