China Halts Meta's Acquisition of AI Firm Manus Amid Rising US-China Tensions
China has blocked Meta's acquisition of Manus, an AI company, citing national security concerns. The decision reflects the growing tensions between the US and China over technological dominance. Meta had acquired Manus for $2 billion, aiming to integrate its AI agents into Meta's platforms. However, Chinese regulators have prohibited the deal, requiring the parties to unwind the transaction. This move is part of China's broader strategy to limit foreign influence in its tech sector, particularly from US companies.