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Report: Meta to undo Manus acquisition after Chinese block
Meta is reportedly preparing to undo its $2bn acquisition of Manus after the Chinese government blocked the deal, citing national security.
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forbes.com
Meta’s $2 Billion Deal To Buy AI Startup Manus Blocked By China
Last month, China barred the founders of the AI startup from leaving the country, as the deal was being probed on national security grounds.
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scmp.com
China blocks Meta’s Manus deal after months-long probe, thwarting purchase
Economic planner asks both parties to withdraw from deal for AI firm, in move with wider implications for other start-ups operating overseas.
