Meta May Reverse Manus Deal After the China Ban
Meta Platforms is preparing to reverse its acquisition of AI Startup Manus after the Chinese government blocked the deal on national security grounds, a move that cost more than $2 billion. The National Development and Reform Commission (NDRC) ordered the transaction to be unwound, marking a rare and significant intervention
WeChat and TikTok Got Licensed Under New Law in Malaysia
In the latest events, Malaysia’s communication regulator mentioned that it had approved Tencent’s WeChat and ByteDance’s TikTok licences under the new law. According to the Malaysian Authorities, the new law is poised to curb the increasing cybercrime and get a strong grip on crimes like online gambling, scams, child pornography
