How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees
The $2.5 billion deal could herald a new era for China-linked AI companies and U.S. investors — Workers at Butterfly Effect …
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+
Meta Platforms Inc. has agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots …
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan
The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots
Meta, Google, Snap, and Amazon all benefit from the US' TikTok ban; Mark Zuckerberg criticized TikTok's Chinese roots in 2019, part of Meta's broader campaign
There are no coincidences when it comes to corporate lobbying. X: @jbulltard1 : when tiktok is divested. Google, Meta and Amazon won't be allowed to bid, we'll just hand deliver it to Microsoft though...
Sensor Tower: Pinduoduo's marketplace Temu gained 10.8M installations in the US since Sep. 1, and became the most downloaded US app between Nov. 1 and Dec. 14
Temu, a marketplace with deep discounts and copious coupons, has become the most downloaded mobile app in the U.S. — Copy Link Tweets: @shenlulushen and @timcohn Tweets: @shenlulushen : When Kathy Be...