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European startups
fromTNW | Meta
1 day ago

Meta prepares to unwind its $2 billion Manus acquisition after China's block

Meta is set to unwind its $2 billion acquisition of Manus due to a formal cancellation order from China's NDRC.
European startups
fromTechCrunch
2 days ago

China vetoes Meta's $2B Manus deal after months-long probe | TechCrunch

China's NDRC blocked Meta's $2 billion acquisition of Manus, impacting Meta's AI ambitions and reflecting significant cross-border intervention.
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