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The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to pe

2026-05-21

The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to people familiar with the matter. Founders Xiao Hong, Ji Yichao and Zhang Tao are discussing financing at a valuation matching at least the roughly $2 billion Meta paid for Manus. Plans under consideration include restructuring Manus as a Chinese joint venture ahead of a potential Hong Kong IPO. Discussions remain preliminary, and challenges include separating Manus’s AI technology from Meta’s systems after integration.

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2026-05-21

Walmart (WMT.N) reported that its U.S. same-store sales grew 4.1% in the first quarter, exceeding the expected 3.82%.

Walmart (WMT.N) reported that its U.S. same-store sales grew 4.1% in the first quarter, exceeding the expected 3.82%.
2026-05-21

Bank of Japan board member Junko Koeda: The risk of inflation overshooting is greater than the risk of economic recession.

Bank of Japan board member Junko Koeda: The risk of inflation overshooting is greater than the risk of economic recession.
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