When is a Chinese AI startup not a Chinese AI startup?The deal may also have woken Beijing up to the possibility that other ...

China has ordered Meta to reverse its US$2 billion acquisition of Singapore-based AI startup Manus over tech transfer ...

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta ...

The country’s regulators have long wielded power far beyond their counterparts in most other countries Read more at The ...

The country’s powerful state planner decreed Monday that the deal must be cancelled — four months after it was sealed.

The real impact of China's move may be on other tech start-ups looking to shift their bases overseas to places like Singapore ...

China’s National Development and Reform Commission mandated the deal’s termination via a concise announcement Monday ...

China’s National Development and Reform Commission has ordered Meta to unwind its $2 billion acquisition of AI startup Manus, citing national regulations on foreign investment and technology exports.

China has blocked a planned $2 billion acquisition by Meta of the artificial intelligence startup Manus, with the move reflecting ...

Beijing prohibits foreign investment in AI startup Manus despite deal largely completed, raising uncertainty for Meta's AI expansion ...

The National Development and Reform Commission ordered the deal’s cancellation in a brief statement Monday. The powerful state planner said in ...