TNB Tech Minute: Meta Buys AI Startup Manus
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 30 December 2025
⏱️ 3 minutes
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| 0:00.0 | Corporate megastores are spending millions lobbying DC politicians on one-sided policies that send small businesses tumbling. |
| 0:08.1 | They want to enact harmful credit card mandates that take resources away from your local credit union and community bank. |
| 0:14.7 | Leaving Main Street businesses with less access to credit, making it harder for your family to pay for everyday goods like gas and groceries. |
| 0:22.9 | Tell Congress to guard your card and oppose the Durban Marshall credit card mandates. |
| 0:28.4 | Paid for by Electronic Payments Coalition. |
| 0:31.5 | Here's your morning TNB Tech Minute for Tuesday, December 30th. |
| 0:35.8 | I'm Julie Chang for the Wall Street Journal. Meta Platforms has agreed to |
| 0:39.9 | acquire AI startup Manus, a Singapore-based company with Chinese founders that conducts deep research |
| 0:46.2 | and performs other tasks for paying users. According to people familiar with the acquisition, |
| 0:51.7 | Meta is closing the deal at more than $2 billion. |
| 0:55.2 | Manus previewed an AI agent in March that was capable of producing detailed research reports |
| 1:00.5 | and building custom websites with AI models developed by companies such as Anthropic and China's |
| 1:05.7 | Alibaba. The deal would help Meta cement its position in the product segment of AI agents. |
| 1:11.9 | British Renewable Energy startup, Octopus Energy, will spin off utility management platform |
| 1:16.9 | Cracken Technologies at evaluation of $8.65 billion. |
| 1:21.6 | Cracken is an AI platform used by global energy retailers. |
| 1:25.5 | Octopus raised $1 billion in its first standalone funding round for |
| 1:29.3 | Cracken. The separation, which Octopus expects to occur by the middle of next year, is seen by |
| 1:35.0 | analysts as a precursor to a likely initial public offering, where they say it could be worth as much |
| 1:40.7 | as $15 billion. And three Chinese technology companies plan to raise a total of |
| 1:47.7 | roughly $1.19 billion through initial public offerings in Hong Kong. The companies, including |
| 1:54.3 | an AI developer, a chip provider, and a surgical robot firm expect to begin trading in early |
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