The Chinese government has ordered Meta to unwind its acquisition of Manus, potentially hurting Meta’s push into building AI agents.
NEWS
Beijing blocks Meta acquisition of Chinese AI startup Manus
BEIJING, April 27 (Reuters) – China’s state planner blocked U.S. tech giant Meta’s purchase of Chinese artificial intelligence startup Manus on Monday, ordering the cancellation of the deal as Beijing …
China says it will reverse major AI acquisition by Meta
The move against Manus AI is Beijing’s most aggressive step yet to stanch the loss of AI talent to the U.S., setting up a complicated legal and political fight.
China bans Meta’s acquisition of Manus on national security grounds
Beijing has banned the $2.5 billion acquisition and ordered the parties involved to rescind the transaction.
China Orders the Unwinding of Meta’s Acquisition of an A.I. Start-Up
The impact of the ruling was not immediately clear, but it could send a chilling signal to Chinese tech founders seeking to partner with foreign companies.
China blocks Meta’s acquisition of AI firm Manus
China has blocked Meta’s acquisition of AI startup Manus, the top economic planning body said Monday, after a regulatory review that reportedly also saw Beijing restrict two co-founders from leaving …
China industrial profits hit 6-month high amid Iran war as factory-gate prices rebound
Fuel-processing sector pivots to profit while tech gains shield margins from modest revenue growth, highlighting an efficiency-led rally over a demand recovery.
China Pulled Deeper Into Iran As Trump Talks Stall
Trump’s attack on Iran and his capture of former Venezuelan President Nicolás Maduro have been obvious blows to Chinese allies that have also taken a toll on China’s energy imports. That points to a …
Over 2,000 holiday events planned in Beijing
With the May Day holiday fast approaching, Beijing is pulling out all the stops. The city’s culture and tourism bureau has unveiled an ambitious lineup of more than 2,000 events, designed to draw visitors into…
CATL debuts 6-minute EV battery in Beijing showcase
CATL has unveiled its third-generation Shenxing superfast-charging battery, capable of reaching 98% charge in just over six minutes and outperforming recent demonstrations from BYD and Geely. The launch, part of the company’s Super Technology Day…
iCAUR Brings Right-Hand-Drive V27 to Beijing Auto Show 2026, Marking a Key Step in Its Global Expansion
At the upcoming Beijing Auto Show, iCAUR takes a decisive step forward in its global strategy, placing the right-hand-drive V27 at the center of its product focus. More than a new configuration, the …
China Merchants Joins Talks for CK Hutchison’s Vexed Ports Sale
Ports operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings Ltd.’s ports, people familiar with the matter said, giving renewed momentum to a …
China industrial profits jump 15.8% in March, fueled by AI and chip boom despite oil shock risks
Rising global oil prices have begun seeping into the domestic economy, squeezing margins for manufacturers dependent on imported raw materials.
