Topic
tech-acquisitions
4 stories related to this topic, newest first.
ibtimes.co.ukworld47 days ago
China Imposes Exit Bans on Manus CEO Red Xiao and Co-Founder
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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Wiredai54 days ago
OpenAI Updates Coding Agent Instructions to Restrict Irrelevant Mentions of Creatures
OpenAI's instructions for its coding agent explicitly forbid discussing goblins, gremlins and other creatures unless relevant. This directive appears in tools tied to the newly released GPT-5.5 model. Users reported models fixating on such terms when using acquired tool OpenClaw.
NBC Newsworld54 days ago
UAE to Exit OPEC and OPEC+ on May 1, 2026, Citing Strategic Energy Goals
The United Arab Emirates will withdraw from OPEC and the OPEC+ group on May 1, 2026, citing its strategic vision and energy investments. The move comes amid the U.S.-Israeli war with Iran, which has disrupted global oil supplies through the Strait of Hormuz. Brent crude traded ab…
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uctoday.comtechnology60 days ago
SpaceX Secures Option to Acquire AI Startup Cursor for $60 Billion in 2026, with $10 Billion Breakup Fee
SpaceX has secured the option to buy Cursor for $60 billion or pay a $10 billion fee for collaboration. The announcement followed an all-hands meeting at Cursor on April 22, 2026. The deal represents a significant win for investors including a16z, Thrive, and Accel.
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