META UNWINDS $2B MANUS DEAL AFTER BEIJING PRESSURE
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Meta is dismantling its $2 billion acquisition of Manus after Chinese authorities ordered the deal reversed. The company begins the process of unwinding the purchase following Beijing's demand.
■ MORE FROM THE BIG TECH DESK
Major technology companies are redirecting capital away from stock buybacks toward massive artificial intelligence infrastructure investments. Alphabet plans an ~$85 billion equity offering to fund AI expansion, signaling a fundamental shift in how hyperscalers allocate resources.
The White House imposed export controls on Anthropic's Mythos AI model over concerns that a China-linked group had accessed it, according to sources.
The Department of Justice has approved Skydance Media's acquisition of Paramount Global, with Warner Bros. involvement, strengthening the Ellison family's control over major American media assets.
Opposition groups have blocked or delayed at least 75 US data center projects worth $130 billion in the first quarter of 2026. The number of anti-data center groups has doubled to 833 across 49 states.