CHONGQING, CHINA – JANUARY 07: In this photo illustration, the Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background, on January 7, 2026 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Getty Images The $2 billion deal is stopped. Meta’s acquisition of Manus, the Chinese AI agent…
Meta, led by chairman and CEO Mark Zuckerberg (pictured), will be required to unwind its $2 billion takeover of Manus. File Photo by Will Oliver/UPI April 27 (UPI) — The Chinese government is moving to block Meta’s $2 billion acquisition of Manus, a Singaporean artificial intelligence company originally founded in China. China’s National Development and…
The logo of Meta is seen during the Viva Technology conference in Paris, France, 12 June, 2025. (Reuters) China has blocked Meta’s attempt to buy one of the world’s most high-profile artificial intelligence startups. The unwinding of the $2 billion acquisition of Manus, which is based in Singapore but was founded in China, comes as…
China’s Ministry of Commerce says it will conduct a review and investigation into Meta’s acquisition of Manus regarding export controls and technology exports, confirming an earlier report by the Post. Spokesperson He Yadong said at a briefing on Thursday that the ministry would work with other Chinese regulators to check whether the deal, announced by…
The more than US$2 billion acquisition of agentic AI start-up Manus by US social media giant Meta Platforms could face scrutiny from Beijing over technology export controls, experts warn. The sale of Manus, a Singapore-based but Chinese-founded AI agent developer, could raise compliance questions around Beijing’s technology export regime, and expectations that the company can…
The more than US$2 billion acquisition of agentic AI start-up Manus by US social media giant Meta Platforms could face scrutiny from Beijing over technology export controls, experts warn. The sale of Manus, a Singapore-based but Chinese-founded AI agent developer, could raise compliance questions around Beijing’s technology export regime, and expectations that the company can…
Top tech talent in China can expect lavish bonuses for 2025 as big tech firms from ByteDance to Tencent Holdings double down on efforts to retain and lure people with specialised skills in fields such as artificial intelligence. TikTok owner ByteDance expanded its bonus pool by 35 per cent from a year earlier, as well…
Once a rising star in China’s AI scene, Manus has since relocated its headquarters to Singapore, quietly stepping out of the mainland spotlight just as Big Tech players from Tencent to ByteDance rush to fill the void. The timing is not coincidental. Manus’ departure didn’t trigger fireworks, but it did mark a turning point. The…