Meta is actively preparing to unwind the Manus acquisition, according to the Wall Street Journal.

China said Monday it has decided to block Meta's $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots.

Beijing orders the unwinding of the already completed acquisition. The move comes amid intensifying technological rivalry between the US and China.

Beijing willing to wield long regulatory arm to protect technology deemed Chinese

Meta is reportedly preparing to undo its $2bn acquisition of Manus after the Chinese government blocked the deal, citing national security.

Case shows US-China competition has expanded beyond chips and models to areas of engineering and product design, analyst says.

Meta is actively preparing to unwind the Manus acquisition, according to the Wall Street Journal.