Meta Reportedly Unwinds $2 Billion Manus Acquisition After Beijing's Demand
Meta has reportedly initiated the process of unwinding its $2 billion acquisition of Manus. This development follows a specific demand from Beijing, which ordered the reversal of the deal. The reported action indicates Meta's compliance with the directive from Chinese authorities concerning the significant acquisition.
Meta has reportedly commenced the process of dismantling its $2 billion acquisition of Manus. This action follows a direct order from Beijing, which mandated the reversal of the significant technology deal.
The reported move signifies Meta's response to the demand issued by Chinese authorities. The technology company is said to be unwinding the acquisition following the directive from China's capital.
According to TechCrunch, Meta has started to unwind the Manus acquisition after Beijing ordered its reversal.
