Business & Markets — June 12, 2026

Meta unwinds $2 billion Manus deal. Meta reportedly began dismantling its $2 billion acquisition of Chinese-founded AI startup Manus on Thursday to comply with an unprecedented divestiture order from Beijing regulators.

CNBC Top News · Read more →

Bezos startup raises $12 billion. Jeff Bezos's physical-AI startup Prometheus raised $12 billion at a $41 billion valuation Thursday to build an 'artificial general engineer' for heavy engineering and drug design.

TechCrunch · Read more →

Adobe shares hit seven-year low. Adobe stock fell Thursday to its lowest price in more than seven years after the company announced another senior executive departure.

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SpaceX prices largest-ever U.S. IPO. SpaceX raised $75 billion at a roughly $1.77 trillion valuation, the largest U.S. IPO on record, ahead of its Nasdaq debut Friday.

Axios · Read more →