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Score: 86💰 MoneyAugust 11, 2026

Facebook parent Meta to unwind US$2 billion Manus AI deal after Beijing block

Facebook owner Meta Platforms is set to fully unwind its acquisition of Chinese-founded artificial intelligence platform Manus, more than three months after Beijing blocked the deal on national security grounds, capping off another high-profile decoupling between the US and China in the critical area of AI. On Tuesday, Manus wrote in a note to users that it would delete data by “certain users” generated on or after December 29, when Meta acquired the start-up, as part of the company’s transition...

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https://www.scmp.com/news/us/article/3363704/facebook-parent-meta-unwind-us2-billion-manus-ai-deal-after-beijing-block?utm_source=rss_feed