Chinese authorities are reviewing Meta’s approximately $2 billion acquisition of AI startup Manus to determine if it violates China’s technology export control regulations, according to a media report. Officials are examining whether moving Manus’s staff and technology to Singapore before selling the company to Meta required a special export license. The review could give Beijing some influence over the deal, but it is still in the initial stage.
China Reviews Meta’s Purchase of AI Startup Manus, FT Reports
