China blocks Meta from acquiring AI startup Manus

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HONG KONG (AP) — China on Monday blocked Meta’s acquisition of the artificial intelligence startup Manus, which has Chinese roots but is Singapore-based. In a short statement, China’s National Development and Reform Commission, the country’s top planning agency, said it was prohibiting a foreign acquisition of Manus and had required all the parties to withdraw from the deal. It did not specifically name Meta, which owns Facebook and Instagram. The decision was made by the commission’s Office of