regulatory-actions
3 stories related to this topic, newest first.
China Orders Meta to Reverse $2 Billion Acquisition of AI Startup Manus
Beijing authorities have ordered Meta to unwind its $2 billion takeover of the AI startup Manus. The order marks a significant regulatory action against the deal. Newley Purnell reported on the development, highlighting its implications for the company.
insidermonkey.comMajor Companies Report Strong Q1 2026 Earnings Amid Economic Pressures
Several large corporations including Meta, Amazon, Alphabet, Ford, and Coca-Cola reported first-quarter 2026 earnings that exceeded analyst expectations, driven by revenue growth in key segments. Coca-Cola raised its full-year outlook despite macroeconomic uncertainties. Separate…
dawn.comSouth Korea Addresses U.S. Lawmakers' Concerns on Tech Regulations After Data Breach
South Korea's government stated it would ensure no discrimination against U.S. tech companies, including Coupang, following a letter from U.S. lawmakers demanding an end to unfair targeting. The assurance aligns with a U.S.-South Korea trade deal fact sheet signed in November. Th…