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China Cancels Meta’s $2 Billion Manus Deal 0 (0)

China has decided to block Meta’s $2 billion acquisition of agentic artificial intelligence startup Manus, sending a chill through China’s burgeoning AI sector and happening weeks before a high-profile summit between US President Donald Trump and China’s Xi Jinping. Bloomberg Intelligence’s Matt Bloxham explains. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness [See More…]

Bloomberg Television News & Politics

Trump Pushes for Plan to Save Spirit Airlines 0 (0)

George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, breaks down the latest earnings from Boeing and United Airlines. He also reacts to news that the US government is close to a rescue package for Spirit Airlines. The Trump administration is nearing a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy, according to people familiar with the matter. The agreement, which has not yet been finalized, would offer as much as $500 million in financing in exchange for warrants to purchase up [See More…]