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China blocks Meta's $2B Manus acquisition

techApr 27, 202650391

China's state planner ordered Meta to unwind its $2 billion acquisition of AI startup Manus, citing foreign investment and technology-transfer concerns. The decision reverses a deal that would have given Meta Manus's agentic AI systems and follows Beijing's review of whether advanced AI know-how could move abroad. Meta said the transaction complied with applicable law and expects an appropriate resolution, but the block underscores Beijing's tightening scrutiny of foreign tech deals and could chill cross-border AI investment.

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