China Blocks Meta's $2 Billion Acquisition of AI Start-up Manus
Chinese regulators have blocked Meta's planned $2 billion acquisition of the AI start-up Manus, demanding that the transaction be withdrawn.The National Development and Reform Commission (NDRC) of China announced the prohibition, citing restrictions on foreign investment in sensitive technology sectors.The deal, first announced in December 2025, aimed to integrate Manus' autonomous AI agents into Meta's platforms to enhance its artificial intelligence capabilities.Manus, although now based in Singapore, was founded and previously operated in China, placing it under Chinese regulatory jurisdiction.The blocking follows months of regulatory scrutiny over concerns about technology transfer and the export of advanced AI technologies.Reports indicate that... [Continue Reading]
360LiveNews | 27 Apr 2026 14:01 LONDON
