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China's NDRC blocked $META's $2B acquisition of AI startup Manus, citing tech transfer concerns. The move escalates US-China tech rivalry ahead of presidential talks.
Microsoft ($MSFT) initiates voluntary retirement program, targeting a ~7% workforce reduction to fund strategic AI investments. Impact on tech sector examined.
Elon Musk withdrew most fraud allegations against OpenAI and Sam Altman, narrowing his lawsuit ahead of trial. Microsoft's investment in OpenAI remains a key point.