China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus

China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that’s drawn fire for the...

By Edwin Chan · Bloomberg Markets

China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to the US.