Manus founders to return to China as Meta unwinds buyout deal

Manus founders to return to China as Meta unwinds buyout deal

China may lift the Manus founders’ travel ban as Meta (META) unwinds its $2B buyout after regulatory pushback. Read more here.

China's Manus saga could make cross-border AI deals riskier

Beijing is reportedly about to revoke travel bans imposed on the founders of the AI startup Manus. This could put an end to one of the most bizarre moments of the AI arms race between the U.S. and China. But for foreign tech firms, the greater question is how safe an acquisition is when the company being acquired was created in China, even if it is relocated abroad. The founders found themselves as stranded assets after Chinese regulators forced…