China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus
China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to the US.
ORIGINAL SOURCE →via Bloomberg Markets
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- [CONFLICT] Meta’s $2 billion acquisition gets blocked by China. What the deal was all about in the first place. - MarketWatch