May 1, 2026

NexSouk

China’s recent decision to block Meta’s $2 billion acquisition of AI start-up Manus has sent shockwaves through the tech industry and raised concerns about the growing rivalry between the U.S. and China in the field of artificial intelligence. The move by Chinese regulators to reverse the deal struck with Meta, the parent company of Facebook and Instagram, comes after months of scrutiny and investigation into the acquisition. thumb-5263
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China’s recent decision to block Meta’s $2 billion acquisition of AI start-up Manus has sent shockwaves through the tech industry and raised concerns about the growing rivalry between the U.S. and China in the field of artificial intelligence. The move by Chinese regulators to reverse the deal struck with Meta, the parent company of Facebook and Instagram, comes after months of scrutiny and investigation into the acquisition.

NexSouk April 28, 2026
The decision, announced by China’s National Development and Reform Commission, prohibits the foreign acquisition of Manus and...
Read More Read more about China’s recent decision to block Meta’s $2 billion acquisition of AI start-up Manus has sent shockwaves through the tech industry and raised concerns about the growing rivalry between the U.S. and China in the field of artificial intelligence. The move by Chinese regulators to reverse the deal struck with Meta, the parent company of Facebook and Instagram, comes after months of scrutiny and investigation into the acquisition.

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Last updated: April 30, 2026 2:51 pm

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