Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
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Meta is reportedly unwinding its $2 billion deal with Manus, an ai startup from China, after pressure from Beijing. The deal's unwinding may be due to the Chinese government blocking the acquisition, although the specifics of the situation are not entirely clear. The outcome of the deal's collapse is still unfolding, with reports suggesting various possibilities, including the original investors buying back the company.
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