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China Blocks Meta's $2 Billion Acquisition of AI Start-up Manus China Blocks Meta's $2 Billion Acquisition of AI Start-up Manus

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have blocked Meta's planned $2 billion acquisition of the AI start-up Manus, demanding that the transaction be withdrawn.The National Development and Reform Commission (NDRC) of China announced the prohibition, citing restrictions on foreign investment in sensitive technology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 360LiveNews | 27 Apr 2026 14:01 LONDON
Fire Contained on Ship Carrying Scrap Metal at Newport Docks Fire Contained on Ship Carrying Scrap Metal at Newport Docks

Fire Contained on Ship Carrying Scrap Metal at Newport Docks

A fire broke out early Sunday morning on the vessel Nord Houston, which was docked at Newport Docks carrying 1,000 tonnes of scrap metal.Fire crews were called to the scene at about 05:40 BST to tackle the blaze.The South Wales Fire and Rescue Service (SWFRS) confirmed that the fire has been contained.Multiple fire appliances from local stations remained on site into the afternoon to prevent any reignition.Officials reported no risk to the public and said operations were being safely scaled back.The cause of the fire remains unknown.Authorities are working closely with Associated British Ports, harbour authorities, Natural Resources Wales, the... [Continue Reading]

360LiveNews 360LiveNews | 26 Apr 2026 22:01 LONDON
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