Source: International Business Times
China has blocked Meta Platforms' planned acquisition of artificial intelligence startup Manus, ordering the deal to be unwound after months of regulatory review and intensifying scrutiny of foreign investment in sensitive technology sectors. The National Development and Reform Commission, China's top economic planning authority, said Monday it had prohibited the foreign acquisition and directed all parties to withdraw from the transaction. The statement was issued through its foreign investment security review mechanism and did not directly name Meta, though the U.
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