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Market Chatter: Meta Platforms Starts Unwinding Manus Acquisition After Beijing Intervention
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Market Chatter: Meta Platforms Starts Unwinding Manus Acquisition After Beijing Intervention
Jun 11, 2026 2:46 AM

05:17 AM EDT, 06/11/2026 (MT Newswires) -- Meta Platforms ( META ) completed an operational separation from AI startup Manus and cut off data sharing amid pressure from Chinese authorities to reverse the $2 billion deal, Bloomberg reported Thursday, citing people familiar with the matter.

Meta has blocked Manus and its employees from accessing internal systems and directed staff to shift existing projects to Meta platforms, with an internal memo describing the move as the "sunsetting" of the AI startup, according to the report.

Despite the regulatory pressure, Manus has continued to expand its platform, while investors including Tencent, ZhenFund and HSG have already received proceeds from the acquisition, Bloomberg added.

Meta Platforms ( META ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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