The Chonkerton

Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand

tech

According to TechCrunch, Meta is unwinding its $2 billion acquisition of Manus following pressure from Beijing authorities. The reversal demonstrates China's regulatory reach over foreign technology investments and reflects escalating tensions between U.S. tech companies and the Chinese government over capital flows and strategic control.

Source: https://techcrunch.com/2026/06/13/meta-reportedly-moves-t...

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