Phoenix Rising: How AI Startup Manus Survived a $2 Billion Meta Buyout Blocked by Beijing to Secure Over $500 Million in Fresh Funding

Main Facts In one of the most high-stakes geopolitically entangled corporate dramas in the history of artificial intelligence, pioneering AI agent startup Manus has officially bounced back. Its parent company, Butterfly Effect, announced via a WeChat post that it has successfully raised more than $500 million in a massive new funding round. The financing was…

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The Federal Reserve’s "Fresh Look": Chair Kevin Warsh Launches Five High-Level Task Forces to Reshape U.S. Monetary Policy

By PYMNTS July 9, 2026 In a sweeping move to modernize the architecture of United States monetary policy, Federal Reserve Chairman Kevin Warsh announced on Thursday, July 9, 2026, the formation of five independent task forces. These groups are charged with conducting a rigorous, top-to-bottom examination of the Federal Reserve’s analytical tools, communication strategies, and…

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