Manus

After securing wage rises for low-paid workers, weathering death threats and working with three PMs – the ACTU secretary is ready for a breakGet our breaking news email, free app or daily news podcastSally McManus started her job as the country’s most powerful trade union leader amid howls of criticism.Shouted down for suggesting union members were right to break “unjust” industrial laws in a live TV interview, McManus quickly adjusted to the high decibel work of being secretary of the Australian Council of Trade Unions. Continue reading...

Melissa Donnelly, the national secretary of the Community and Public Sector Union, will replace the outgoing ACTU headGet our breaking news email, free app or daily news podcastMelissa Donnelly, the national secretary of the Community and Public Sector Union, will take on the role as the next head of the trade movement in Australia, after the resignation of Sally McManus.The Australian Council of Trade Unions’ secretary and its president, Michele O’Neil, revealed last month they would be stepping down after eight years together as the first all-female leadership team in the ACTU’s 99-year history, playing a major role in shaping the Albanese government’s workplace agenda. Continue reading...

Secretary and president of Australian Council of Trade Unions announced surprise departures on Monday eveningThe leadership of the trade union movement is set for a major shakeup after the secretary and president of the Australian Council of Trade Unions announced their surprise departures.The ACTU’s secretary, Sally McManus, and its president, Michele O’Neil, revealed on Monday night they would be stepping down after eight years together. Anthony Albanese described both as personal friends and “giants of the labour movement”. Continue reading...

Prime minister pays tribute to secretary and president of the Australian Council of Trade Unions after surprise announcement. Follow updates liveGet our breaking news email, free app or daily news podcastIn a statement, the prime minister, Anthony Albanese, described Sally McManus and Michele O’Neil as personal friends and “giants of the labour movement”.He said:Working families are in a stronger financial position today than they would otherwise be because of the tireless advocacy and strong leadership of Sally McManus and Michele O’Neil.Sally and Michele secured incredible successes for working people in their eight years together leading Australia’s union movement – the first all-female leadership team in the Australian Council of Trade Unions’ 99-year history.Union membership is growing, and workers have over 47 new workplace rights. But of course, there are still big challenges with cost-of-living pressures, AI, and billionaires who have too much wealth and power. Continue reading...

• Chinese regulators are reportedly tightening controls on the export of artificial intelligence technology following the cancellation of Meta's $2 billion acquisition of AI firm Manus. • Domestic AI startups and semiconductor companies have been warned to prevent cutting-edge technologies, critical training data, and top technical talent from being acquired by Western entities. • This move signals a strategic shift by Beijing to protect national security and maintain a competitive edge in the global AI race by restricting the outflow of intellectual property.

• Meta has begun unwinding its $2 billion acquisition of AI startup Manus following a divestiture order from the Chinese government citing national security concerns. • The co-founders of Manus are currently in early negotiations to raise approximately $1 billion from external investors to fund the buyback of the company from Meta. • This separation is critical as it allows Manus to potentially transition into a Chinese joint venture structure to comply with Beijing's regulatory requirements.

• Meta is separating from the Chinese AI startup Manus, terminating all internal access and data sharing following a divestiture order from Beijing based on national security grounds. • Manus co-founders are currently seeking approximately $1 billion from external investors to buy back the startup from Meta. • This strategic move aims to establish a Chinese joint venture and pave the way for a future public listing in Hong Kong, following a trend of AI IPOs from firms like MiniMax and Zhipu.