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Bloomberg: Meta completes separation of Manus operations and data to comply with regulatory orders for forced breakup
According to Beating Monitoring, Meta Platforms Inc. has completed operational isolation from the intelligent agent service provider Manus and terminated data sharing. According to Bloomberg, Meta has banned Manus employees from accessing internal data systems since early June, and Meta employees are also restricted from using Manus tools. An internal memo from Meta shows that the company is gradually winding down its support for Manus and instructs employees to migrate existing projects, without initiating any new tasks.
Meta’s split in operations is to respond to the Chinese regulatory authorities’ request in April to reverse the acquisition. Meta previously paid $2 billion to acquire Manus, and currently Manus’s three founders, Xiao Hong, Ji Yichao, and Zhang Tao, are seeking to raise about $1 billion to repurchase the company. Despite the deal facing disruption, investors Tencent, ZhenFund, and Sequoia China (HSG) have received Meta’s acquisition payments. At present, Manus is still moving forward with the integration of Similarweb and Shopify features, and this week users can still connect Manus to external services such as Meta Ads Manager, Instagram, Gmail, and GitHub. (Bloomberg)