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

Meta has begun to dismantle its $2 billion acquisition of Manus after receiving an order from Beijing to reverse the deal. The move comes in response to demands from the Chinese government, which has been reviewing the acquisition. Meta is unwinding the deal to comply with Beijing's requirements, effectively ending its plans to acquire Manus. The reversal marks a significant shift in Meta's expansion plans, valued at $2 billion.

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