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China has ordered Meta to unwind its roughly $2 billion acquisition of AI agent startup Manus following a months-long probe. The block directly disrupts Meta's strategy to expand into AI agents through acquisitions. Meta must now pursue that capability through internal development or a new deal.
China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual
Tag
China has ordered Meta to unwind its roughly $2 billion acquisition of AI agent startup Manus following a months-long probe. The block directly disrupts Meta's strategy to expand into AI agents through acquisitions. Meta must now pursue that capability through internal development or a new deal.
2mo ago · 1 min · Technology
China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual
2mo ago · 1 min · Business
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