China blocks Meta's acquisition of AI firm Manus, says state planner

China has blocked Meta’s acquisition of AI startup Manus, the country’s apical economical readying assemblage said Monday, pursuing media reports past period that Beijing had restricted 2 co-founders from leaving the country.

Beijing’s National Development and Reform Commission said successful a connection that it volition “prohibit the overseas concern successful the acquisition of the Manus project” and “requires the parties progressive to retreat the acquisition transaction”.