Tencent is reportedly in talks to acquire Manus from Meta, following Beijing intervention — company expects to remain independent of Chinese tech giant

Tencent is reportedly negotiating to buy back the startup Manus from Meta for $2 billion, following a directive from Beijing to reverse the initial acquisition. This move by Beijing highlights the government's growing scrutiny over foreign investments in Chinese tech firms, especially those with significant overseas connections. Despite Tencent's efforts to secure the deal, the company plans to maintain its independence, indicating a complex interplay between business strategy and regulatory oversight. This situation underscores the challenges foreign companies face in navigating China's tech market under increasing governmental scrutiny.