China Blocks Meta's Proposed Acquisition of AI Startup Manus
Meta announced that China has blocked its attempt to acquire the AI startup Manus. The tech giant maintained that the transaction fully complied with applicable laws and expected a resolution to the inquiry.
Meta said Monday that the transaction "complied fully with applicable law" and that it anticipates "an appropriate resolution to the inquiry." <img alt="FILE - A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025." src="https://npr.brightspotcdn.com/dims3/default/strip/false/crop/5804x3869+0+0/resize/5804x3869!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F6f%2F44%2F1b467b6b48198ae0623df6b22946%2Fap26117352872461.jpg" />...