China Regulation

Meta Prepares to Undo Manus Acquisition After China Blocks AI Deal

According to the Wall Street Journal, Meta is preparing to reverse its acquisition of AI startup Manus after Chinese regulators explicitly refused to approve the deal, marking the latest chapter in US-China tech competition.

China Blocks Meta's $2B Acquisition of AI Startup Manus

China’s NDRC has formally blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore.