Meta Cuts Ties With Manus

· The Information ·

Meta fully unwound its $2 billion Manus acquisition, ending data sharing after Chinese authorities blocked the deal.

Categories: Money & Moves

Excerpt

<p>Meta Platforms has fully separated its operations from Manus after Chinese authorities ordered the companies to unwind their $2 billion acquisition deal, Bloomberg reported, citing people familiar with the matter.</p> <p>The parent of Facebook, Instagram and WhatsApp has halted data sharing with Manus, ...</p>