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China blocks Meta’s $2B Manus deal after months-long probe
China has halted Meta's $2 billion acquisition of AI startup Manus, citing no clear reasons. This decision disrupts Meta's AI strategy and leaves over 100 Manus employees in a tough spot. The move underscores China's increasing control over...
China has halted Meta's $2 billion acquisition of AI startup Manus, citing no clear reasons. This decision disrupts Meta's AI strategy and leaves over 100 Manus employees in a tough spot. The move underscores China's increasing control over tech mergers globally. #Meta #China #AI #TechNews #GlobalEconomy
Originally reported by TechCrunch.
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