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CHINA BLOCKS META MANUS DEAL
AI startup Manus resumes independent operations after China blocks Meta’s $2 billion dealManus has now resumed independent operations after the regulatory intervention in the deal. The company informed users about data backups n...- ETtech Explainer | Meta’s $17.1 billion toll shifts focus from content to product designMeta is now dealing with a substantial settlement in the United States in response to mounting child safety issues. This agreement is the r...
- Semicon 2.0 takes shape; Zomato’s Hyderabad layoffsThe government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today's ETtech Top 5.
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
- Block, bulk deals hit 14-month high in August at Rs 80,000 croreBlock and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since June 2025. Domestic mutual funds, ins...
- Lenskart Rs 1,857-crore block deal: Goldman Sachs, Morgan Stanley, ICICI Prudential, SBI MF among buyers as Alpha Wave exitsLenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purc...
- Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
- Block deals test valuations; gig platforms quit welfare boardHappy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch.
- Meta's social media settlement leaves its money machine unscathedWhile the headline figure is among the largest ever settlements paid by a technology company, it is unlikely to strain a business that earn...
- Meta’s $17.1 billion settlement puts Instagram and Facebook on a digital bedtimeMeta has agreed to pay up to $17.1 billion to settle a multistate lawsuit alleging Facebook and Instagram were designed to hook children, w...
- Time limits to midnight cutoff: What Meta's $18 billion deal changes for teensMeta Platforms agreed to a significant $18 billion settlement with 48 US states. This historic deal mandates substantial changes to protect...
- Meta settlement opens new front in global fight over social media harmMeta's up to $18 billion settlement with nearly 50 US states over social media harm to teenagers has opened a new front in a global governm...
- Meta settlement puts social media industry on notice: 'There will be more'Wednesday's historic settlement between Meta and dozens of US states could be just the start of a wave that will ripple across the social m...
- What Meta agreed to in US teen safety settlementMeta will pay up to eighteen billion dollars to settle claims regarding child engagement. States alleged social media platforms enticed and...
- Agentic AI startup Runable raises $21 million from Susquehanna, Nexus Venture PartnersFounded in 2025 by Umesh Kumar and Saksham Sarda, Runable allows users to build websites and applications with databases, payments, and oth...
- Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...
- AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
- New Zealand to introduce bill banning social media for children under 16The bill would require social media platforms to take reasonable steps to verify users' ages, including by utilising existing account inf...
- AI startup Manus to resume independent operations as deal with Meta unwinds"As part of our transition back to independent operations and to comply with regulatory requirements in specific jurisdictions, data genera...
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