exit-bans

ibtimes.co.uk

Exit Bans Imposed on Manus CEO Red Xiao and Co-Founder After Relocation, Acquisition

Red Xiao, CEO of the AI startup Manus acquired by Meta for $2 billion last year, is now barred from leaving China along with a co-founder. The move follows Xiao's relocation of the company to Singapore and firing of China-based staff. Meta's lawyers are working to disentangle the…

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