China Orders Meta to Unwind $2 Billion Acquisition of AI Startup Manus
Chinese regulators require Meta to reverse its $2 billion acquisition of AI startup Manus, raising global concerns about tightening AI sector merger oversight.
Antitrust
China Blocks Meta's Major AI Acquisition, Escalating Global Tech Oversight
China’s regulators formally reject Meta’s acquisition of a Chinese AI company, highlighting intensifying global scrutiny of cross-border AI deals amid US-China tech rivalry.