(https://www.cnbc.com/2026/08/11/manus-china-meta-acquisition.html)—and this isn't just geopolitical friction. It's a window into how mega-cap tech is now burning cash on acquisitions *faster* than they're growing organically. Meta, Microsoft, Oracle—all running acquisition blitzes. That's not confidence. That's accrual compression hiding in plain sight. When you can't grow revenue organically, you buy it.

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