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Meta claims ‘no continuing Chinese ownership interests in Manus AI’ after reported $2 billion deal to shore up in AI agent race

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Meta is buying artificial intelligence startup Manus, as the owner of Facebook and Instagram continues an aggressive push to amp up AI offerings across its platforms.

The California tech giant declined to disclose financial details of the acquisition. But The Wall Street Journal reported that Meta closed the deal at more than $2 billion.

Manus, a Singapore-based platform with some Chinese roots, launched its first “general-purpose” AI agent earlier this year. The platform offers paid subscriptions for customers to use this technology for research, coding and other tasks.

“Manus is already serving the daily needs of millions of users and businesses worldwide,” Meta said in a Monday announcement, adding that it plans to scale this service — as Manus will “deliver general-purpose agents across our consumer and business products, including in Meta AI.”

Xiao Hong, CEO of Manus, added that joining Meta will allow the platform to “build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made.” Manus confirmed that it would continue to sell and operate subscriptions through its own app and website.

The platform has grown rapidly over the past year. Earlier this month, Manus announced that it had crossed the $100 million mark in annual recurring revenue, just eight months after launching.

Some of Manus’ initial financial backers reportedly included China’s Tencent Holdings, ZhenFund and HSG. And the company that first launched the platform — Butterfly Effect, which also operates under the name monica.im, which was founded in China before moving to Singapore.

A Meta spokesperson confirmed on Tuesday that there would be “no continuing Chinese ownership interests in Manus AI” following its transaction, and that the platform would also discontinue its services and operations in China. Manus reiterated that it would continue to operate in Singapore, where most of its employees are based.

Meta CEO Mark Zuckerberg has been pushing to revive its commercial AI efforts as the company faces tough competition from rivals such as Google and OpenAI, maker of ChatGPT. In June, the company made a $14.3 billion investment in AI data company Scale and recruited its CEO Alexandr Wang to help lead a team developing “superintelligence” at the tech giant.

This story was originally featured on Fortune.com



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Rows of businesses stood shuttered inside a sprawling complex of Somali businesses on a recent afternoon.

Karmel Mall in south Minneapolis contains more than a hundred small businesses in suites offering everything from clothing and food to insurance and accounting services. On Thursday, the noisy hallways inside lay quiet, save for occasional chatter between neighboring vendors. The smell of fried food still wafted from the bakeries, the central heating hummed and the sound of Quran recitation flowed quietly from some shops.

But many sellers sat alone in their clothing stores, waiting for the occasional customer to walk by. Everyone is afraid of federal immigration agents, business owners said. Sellers and customers, citizens and noncitizens. Some don’t bother opening shop because they aren’t expecting any customers.

“It’s been like this for three weeks now,” said Abdi Wahid, who works at his mom’s convenience store in the mall. “Everywhere it’s all been closed up, all the stores.”

Karmel Mall is an economic hub for the area’s Somali population, which is the largest in the U.S. But it also features housing, a mosque and Quran classes, serving as a robust community center for the area.

The economic impact of the Trump administration’s “Operation Metro Surge” stretches beyond the Somali community: many immigrants are on edge, afraid to go to work or leave their homes amid the immigration crackdown.

But President Donald Trump has made the Somali community a special target of his deportation rhetoric after a recent government fraud case in Minnesota included a number of Somali defendants. Since December, Trump has made numerous jabs at the community, calling them “garbage” and saying “they contribute nothing.”

Wahid said early afternoons at the family business once meant 15 to 20 customers. These days, it’s tough to get one.

Wahid is a citizen, but he said the fear extends beyond just immigrants. Citizens are also scared of coming in, especially following the killing of Renee Good and the ICE raid at Roosevelt High School in south Minneapolis.

“I think that caused a lot of people to not even want to come,” he said, because they could be targeted “just because of their race.”

Homeland Security assistant secretary Tricia McLaughlin said in a statement that law enforcement uses “reasonable suspicion” to make arrests under the fourth amendment.

“A person’s immigration status makes them a target for enforcement, not their skin color, race or ethnicity,” she said.

Upstairs, Bashir Garad runs Safari Travel & Accounting Services. Not only has the crackdown in Minneapolis meant he’s lost almost all his customers, but his existing clients are cancelling upcoming trips because they’re worried they won’t be let back into the country.

“They see a lot of unlawful things going on in the city,” he said. “They look at something bad, and then they think some bad things may happen to them.” The majority of his clients are East African, and nearly all are U.S. citizens. They still hesitate to travel.

“The government is not doing the right thing,” he said. “If there’s a criminal, there’s a criminal. Regardless, there are ways to find the criminal, but to marginalize the community’s name, and a whole people, that is unlawful.”

Ibrahim Dahiye, who sells electronics, said winter always used to be slow, “but now it’s totally different. No one comes here. All the stores are closed, few are open.”

Since the crackdown began, Dahiye said his business is down $20,000 monthly, and he’s now pooling funds to make rent.

He said he’s lost most of his customers. His employees are too scared to come to work. He tapped his jacket pocket, saying he keeps his passport on him at all times.

“I don’t know what we can do,” Dahiye said. “We believe in Allah, but we can’t do anything.”



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Electricity as the new eggs: Affordability concerns will swing the midterms just like the 2024 election, Bill McKibben says

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That sun has provided him cheap power for 25 years, and this month he installed his fourth iteration of solar panels on his Vermont home. In an interview after he set up the new system, he said President Donald Trump’s stance against solar and other cheap green energy will hurt the GOP in this year’s elections as electricity bills rise.

After the Biden and Obama administrations subsidized and championed solar, wind and other green power as answers to fight climate change, Trump has tried to dampen those and turn to older and dirtier fossil fuels. The Trump administration froze five big offshore wind projects last month but judges this week allowed three of the projects to resume. Federal clean energy tax incentives expired on Dec. 31 that include installing home solar panels.

Meanwhile, electricity prices are rising in the United States, and McKibben is counting on that to trigger political change.

“I think you’re starting to see that have a big political impact in the U.S. right now. My prediction would be that electric prices are going to be to the 2026 election what egg prices were to the 2024 election,” said McKibben, an author and founder of multiple environmental and activist groups. Everyday inflation hurt Democrats in the last presidential race, analysts said.

The Trump administration and a bipartisan group of governors on Friday tried to step up pressure on the operator of the nation’s largest electric grid to take urgent steps to boost power supplies in the mid-Atlantic and keep electricity bills from rising even higher.

“Ensuring the American people have reliable and affordable electricity is one of President Trump’s top priorities,” said White House spokesperson Taylor Rogers.

Renewable energy prices drop around the world

Globally, the price of wind and solar power is plummeting to the point that they are cheaper than fossil fuels, the United Nations found. And China leads the world in renewable energy technology, with one of its electric car companies passing Tesla in annual sales.

“We can’t economically compete in a world where China gets a lot of cheap energy and we have to pay for really expensive energy,” McKibben told The Associated Press, just after he installed a new type of solar panels that can hang on balconies with little fuss.

When Trump took office in January 2025, the national average electricity cost was 15.94 cents per kilowatt-hour. By September it was up to 18.07 cents and then down slightly to 17.98 cents in October, according to the U.S. Energy Information Administration.

That’s a 12.8% increase in 10 months. It rose more in 10 months than the previous two years. People in Maryland, New Jersey and Maine have seen electricity prices rise at a rate three times higher than the national average since October 2024.

At 900 kilowatt-hours per month, that means the average monthly electricity bill is about $18 more than in January 2025.

Democrats blame Trump for rising electric bills

This week, Democrats on Capitol Hill blamed rising electric bills on Trump and his dislike of renewable energy.

“From his first day in office, he’s made it his mission to limit American’s access to cheap energy, all in the name of increasing profits for his friends in the fossil fuel industry. As a result, energy bills across the country have skyrocketed,” Illinois Rep. Sean Casten said at a Wednesday news conference.

“Donald Trump is the first president to intentionally raise the price of something that we all need,” Hawaii Sen. Brian Schatz, also a Democrat, said Wednesday on the Senate floor. “Nobody should be enthused about paying more for electricity, and this national solar ban is making everybody pay more. Clean is cheap and cheap is clean.”

Solar panels on McKibben’s Vermont home

McKibben has been sending excess electricity from his solar panels to the Vermont grid for years. Now he’s sending more.

As his dog, Birke, stood watch, McKibben, who refers to his home nestled in the Green Mountains of Vermont as a “museum of solar technology” got his new panels up and running in about 10 minutes. This type of panel from the California-based firm Bright Saver is often referred to as plug-in solar. Though it’s not yet widely available in the U.S., McKibben pointed to the style’s popularity in Europe and Australia.

“Americans spend three or four times as much money as Australians or Europeans to put solar panels on the roof. We have an absurdly overcomplicated permitting system that’s unlike anything else on the rest of the planet,” McKibben said.

McKibben said Australians can obtain three hours of free electricity each day through a government program because the country has built so many solar panels.

“And I’m almost certain that that’s an argument that every single person in America would understand,” he said. “I don’t know anyone who wouldn’t say: ‘I’d like three free hours of electricity.’”

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Swinhart reported from Vermont. Borenstein reported from Washington. Matthew Daly contributed to this report from Washington.

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The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.



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Epstein files fight in court heats up as congressmen accuse DOJ of ‘serious misconduct’

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Manhattan’s top federal prosecutor said Friday that a judge lacks the authority to appoint a neutral expert to oversee the public release of documents in the sex trafficking probe of financier Jeffrey Epstein and British socialite Ghislaine Maxwell.

Judge Paul A. Engelmayer was told in a letter signed by U.S. Attorney Jay Clayton that he must reject a request this week by the congressional cosponsors of the Epstein Files Transparency Act to appoint a neutral expert.

U.S. Rep. Ro Khanna, a California Democrat, and Rep. Thomas Massie, a Kentucky Republican, say they have “urgent and grave concerns” about the slow release of only a small number of millions of documents that began last month.

In a filing to the judge they said they believed “criminal violations have taken place” in the release process.

Clayton, though, said Khanna and Massie do not have standing with the court that would allow them to seek the “extraordinary” relief of the appointment of a special master and independent monitor.

Engelmayer “lacks the authority” to grant such a request, he said, particularly because the congressional representatives who made the request are not parties to the criminal case that led to Maxwell’s December 2021 sex trafficking conviction and subsequent 20-year prison sentence for recruiting girls and women for Epstein to abuse and aiding the abuse.

Khanna said Clayton’s response “misconstrued” the intent of their request.

“We are informing the Court of serious misconduct by the Department of Justice that requires a remedy, one we believe this Court has the authority to provide, and which victims themselves have requested,” Khanna said in a statement.

“Our purpose is to ensure that DOJ complies with its representations to the Court and with its legal obligations under our law,” he added.

Epstein died in a federal jail in New York City in August 2019 as he awaited trial on sex trafficking charges. The death was ruled a suicide.

The Justice Department expects to update the court “again shortly” regarding its progress in turning over documents from the Epstein and Maxwell investigative files, Clayton said in the letter.

The Justice Department has said the files’ release was slowed by redactions required to protect the identities of abuse victims.

In their letter, Khanna and Massie wrote that the Department of Justice’s release of only 12,000 documents out of more than 2 million documents being reviewed was a “flagrant violation” of the law’s release requirements and had caused “ serious trauma to survivors.”

“Put simply, the DOJ cannot be trusted with making mandatory disclosures under the Act,” the congressmen said as they asked for the appointment of an independent monitor to ensure all documents and electronically stored information are immediately made public.

They also recommended that a court-appointed monitor be given authority to prepare reports about the true nature and extent of the document production and whether improper redactions or conduct have taken place.



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