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AI & Enterprise
China regulators block Meta\'s acquisition of Manus, order deal termination
Chinese regulators have moved to block Meta\'s acquisition of AI agent startup Manus, with foreign media reporting authorities ordered the deal treated as if it never happened. An organisation under the National Development and Reform Commission said it would ban a foreign company from acquiring the Manus project under relevant laws, without naming Meta or giving reasons. Meta announced the deal in December, and the Wall Street Journal reported it was worth more than $2 billion.
Crypto
Tim Draper says BTC could reach $250,000 within 18 months. What is his basis?
Venture capitalist Tim Draper has again said bitcoin could reach $250,000 within 18 months, citing inflation pressure and a weakening dollar. He linked the view to shifts in the macro environment and said even higher levels could be possible if bitcoin rises while the dollar falls. Draper also revisited his bitcoin investing history, including losses tied to Mt. Gox and a 2014 U.S. Marshals Service auction purchase.
AI & Enterprise
Ontology can work if scope is narrowed, move beyond data analysis to action
Attorney and RawData CEO Kwan-young Jung (정관영) said it is impossible to build Palantir Foundry-like ontology technology in a short time, but it can be done in specialised domains by narrowing the scope. He shared his experience applying ontology in legal tech and said abstract legal concepts are hard to quantify. Jung said ontology is essential for digital twins and a single source of truth so AI can move from analysis to action.
