Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
Coke, Pepsi, Red Bull to add QR codes linking to ingredient information in USMajor beverage companies are now placing QR codes on their products across the US, offering consumers direct access to detailed ingredient ...
Manus original investors plan to buy back AI firm from Meta for $2 billion: The InformationChinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive f...
Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
China adds data and AI to trade secret rules to block leaksEffective Monday, the Regulations on Trade Secret Protection mark the first time Chinese law protects such digital assets as proprietary se...
China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
China enters its flood season; heavy rain expected in the southChina has entered its flood season with heavy rains forecast for the south. Some northern areas and major river basins will experience belo...
China toughens rules on outbound investment after Meta-Manus contentionThe rules, published by the State Council, or cabinet, will take effect from July 1. One of the most significant requires authorisation fo...
China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
China does not make tech firms reject foreign investment, NDRC saysChina does not make tech firms reject foreign investment, NDRC says
StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
Meta to backtrack acquisition of AI firm Manus after China block: reportMeta is reportedly reversing its acquisition of AI startup Manus. China has banned the deal, citing national security. The AI agent was fou...
In blocking Meta-Manus’ $2 billion AI deal, China is trying to stem brain drainChina's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent ...