China Blocks Meta's $2 Billion Acquisition of Manus AI
China's National Development and Reform Commission has blocked Meta's $2 billion acquisition of AI startup Manus, citing unspecified laws and regulations. The decision is seen as an aggressive regulatory move, with Meta's stock slightly declining in premarket trading. Manus, which had achieved $100 million in annualized revenue by December 2025, was a key target for Meta's AI expansion.
Tickers: $META
Topics: Acquisition Block China Manus AI Meta Regulatory Intervention