China Blocks Meta's $2 Billion Acquisition of AI Startup Manus
China has blocked Meta's $2 billion acquisition of AI startup Manus, despite the deal being largely completed and Manus already integrated into some of Meta's tools. The economic watchdog did not provide a reason for the decision, which had been under scrutiny since December.
Tickers: $META
Topics: AI acquisition China regulatory action Manus Meta Tech industry