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China blocks Meta from acquiring startup Manus

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Overview
 · 2h
China Orders Meta to Unwind $2 Billion Purchase of AI Startup Manus
BEIJING/SINGAPORE, April 27 (Reuters) - China ordered U.S. tech giant Meta to unwind its $2 billion-plus acquisition of artificial intelligence startup Manus ⁠on ⁠Monday, as Beijing tightens scrutiny of U.S. investment in domestic startups ⁠developing frontier technologies.

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News.az · 37m
Meta moves to reverse Manus deal after China block
 · 3h
China blocks Meta effort to acquire new AI startup
 · 18h
China blocks Meta’s acquisition of Chinese-founded AI startup Manus
China has moved to block Meta’s $2 billion acquisition of Chinese-founded artificial intelligence startup Manus, a decision that reflects Beijing’s concerns that it could lose key technology to the Un...

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 · 15h
China blocks Meta's $2B acquisition of AI startup Manus
 · 23h
China blocks Meta from acquiring AI startup Manus
6h

Meta seeks to power data centers with energy beamed from space

Meta Platforms Inc. is looking to power artificial intelligence data centers with solar energy collected in space, taking a novel approach to meeting its insatiable demand for electricity.
Opinion
6hon MSNOpinion

Meta pokes holes in China's great AI firewall

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, April 27 (Reuters Breakingviews) - Meta Platforms has exposed a recurring dilemma for China: the country wants its technology champions to go global,
4don MSN

Meta set to layoff 10% of its staff as it pushes for AI

This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half of the year.
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