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Meta claims 'no continuing Chinese ownership interests in Manus AI' after reported $2 billion deal to shore up in AI agent race | Fortune

Meta acquired AI startup Manus to scale its general-purpose agents across consumer and business products while Manus maintains subscriptions and discontinues operations in China.

US politics

fromBusiness Insider

3 weeks ago

TikTok reaches deal with investors on its US business

TikTok and investors signed a deal to form a US joint venture allowing TikTok to operate independently amid a mandated ByteDance divestiture.

Artificial intelligence

fromwww.mercurynews.com

3 weeks ago

Tech promises multi-year' M&A boom, says Morgan Stanley's Cheng

Technology M&A is entering a multi-year, accelerating upswing driven by AI investments, strategic buyer returns, and a record $1 trillion in tech deal value.

Business

from24/7 Wall St.

2 months ago

Wall Street Analysts Just Upgraded These Hot Stocks: UBER, LOGI, DASH, APLS

S&P and Nasdaq rise led by AI chip gains while analysts upgrade Uber, Logitech and DoorDash amid bank earnings and a $40B tech data-center buyout.

fromThe Verge

4 months ago

Vimeo to be acquired by Bending Spoons for $1.38 billion

Bending Spoons will pay $1.38 billion to acquire the video hosting platform, and it expects to close the deal later this year.