China Abruptly Blocks Meta's $2 Billion Takeover Deal Of Manus AI
China Abruptly Blocks Meta's $2 Billion Takeover Deal Of Manus AI With just weeks to go before the Trump-Xi meeting in Beijing, China's National Development and Reform Commission unexpectedly blocked Meta Platforms' acquisition of the AI-agent startup Manus on Monday morning, signaling that Beijing has no problem with tightening control over high-value AI assets ahead of high-level talks. Bloomberg reports that China's NDRC has blocked Meta's $2 billion takeover of Manus, a Singapo...
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