China’s Ministry of Commerce says it will conduct a review and investigation into Meta’s acquisition of Manus regarding export controls and technology exports, confirming an earlier report by the Post. Spokesperson He Yadong said at a briefing on Thursday that the ministry would work with other Chinese regulators to check whether the deal, announced by…
The more than US$2 billion acquisition of agentic AI start-up Manus by US social media giant Meta Platforms could face scrutiny from Beijing over technology export controls, experts warn. The sale of Manus, a Singapore-based but Chinese-founded AI agent developer, could raise compliance questions around Beijing’s technology export regime, and expectations that the company can…
The more than US$2 billion acquisition of agentic AI start-up Manus by US social media giant Meta Platforms could face scrutiny from Beijing over technology export controls, experts warn. The sale of Manus, a Singapore-based but Chinese-founded AI agent developer, could raise compliance questions around Beijing’s technology export regime, and expectations that the company can…
Top tech talent in China can expect lavish bonuses for 2025 as big tech firms from ByteDance to Tencent Holdings double down on efforts to retain and lure people with specialised skills in fields such as artificial intelligence. TikTok owner ByteDance expanded its bonus pool by 35 per cent from a year earlier, as well…
Once a rising star in China’s AI scene, Manus has since relocated its headquarters to Singapore, quietly stepping out of the mainland spotlight just as Big Tech players from Tencent to ByteDance rush to fill the void. The timing is not coincidental. Manus’ departure didn’t trigger fireworks, but it did mark a turning point. The…