China deepens review of Meta’s landmark $2 billion Manus buyout

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Beijing is deepening an investigation into Meta Platforms Inc.’s $2 billion acquisition of Chinese-founded AI startup Manus, raising the risk that regulators will seek to alter or even unwind the deal if wrongdoing is found.

Chinese officials had begun looking into whether the December takeover of the agentic AI startup violated tech export or national security regulations. The central issue is whether Chinese technology or user data could have been compromised or shared with an American company. Regulators are now also investigating potential…



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China deepens review of Meta’s landmark $2 billion Manus buyout



Beijing is deepening an investigation into Meta Platforms Inc.’s $2 billion acquisition of Chinese-founded AI startup Manus, raising the risk that regulators will seek to alter or even unwind the deal if wrongdoing is found.

Chinese officials had begun looking into whether the December takeover of the agentic AI startup violated tech export or national security regulations. The central issue is whether Chinese technology or user data could have been compromised or shared with an American company. Regulators are now also investigating potential…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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