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The post China is giving Manus to Tencent after blocking Meta’s attempted acquisition appeared on BitcoinEthereumNews.com. China is pushing Manus toward a new group of owners after telling Meta Platforms (NASDAQ: META) to reverse its $2 billion purchase of the AI agent startup. As per the Financial Times, Tencent Holdings (HKEX: 0700) will hold the maximum stake, but not more than 50 percent. It means that Manus will remain an independent entity and will continue its operations from Singapore instead of becoming a part of Tencent. The new deal would keep the same $2 billion valuation used when Meta bought Manus in December 2025. Former investors such as Tencent, ZhenFund, and HSG are taking part in the talks, along with Manus executives. Other investors could still join before an agreement is reached. China forces investors to rebuild Manus after Meta separates the business Beijing ordered Meta to reverse the purchase in April 2026, saying the deal broke local investment rules. Manus c
Read full articleSK Hynix's dual listing highlights the growing convergence of traditional finance and decentralized finance, impacting global investment dynamics. The post SK Hynix surges in NASDAQ debut after raising $26.5B in share sale, as tokenized versions launch on Solana appeared first on Crypto Briefing.
Meta told Dylan Byers, of Puck News, that it had nixed the feature after backlash from its user base.
Meta's AI policy reversal highlights the critical need for transparent consent mechanisms, impacting trust and future AI feature rollouts. The post Meta reverses course on AI use for public Instagram profiles appeared first on Crypto Briefing.
Following significant backlash, Meta is turning off the feature it announced this week that let users generate AI images based on content from public Instagram accounts just by tagging them. The feature, as originally set up, meant that content from any public Instagram account could be used in AI creations without the account owner's permission. "Earlier this week, we announced that one way for people to generate images in Meta AI is by @-mentioning public Instagram accounts that they want to reference," Meta says in an update to a blog post about its new Muse Image AI model. "Our intent was to provide a useful creative tool and to give pe … Read the full story at The Verge.
Meta's AI advancements could strain global AI hardware supply, impacting costs and availability for smaller tech and crypto-AI ventures. The post Meta stock surges 15% in best weekly rally since early 2024, fueled by AI momentum appeared first on Crypto Briefing.
The city of San Jose, Calif.’s training course has enabled employees — including those with little to no experience using AI technologies — to develop their own AI-powered tools.
Meta's AI image tool controversy highlights the urgent need for robust digital rights management and user consent mechanisms in tech. The post Meta halts AI image feature after user backlash over privacy and consent concerns appeared first on Crypto Briefing.
The US policy shift strengthens UAE tech ties, boosting AI and crypto sectors, but geopolitical risks could reverse these gains if trust falters. The post US eases export controls on advanced chips and drones for UAE in major policy shift appeared first on Crypto Briefing.
