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business 71d ago

China Blocks Manus AI Executives Amid $2B Meta Acquisition Probe

China Blocks Manus AI Executives Amid $2B Meta Acquisition Probe

Chinese regulators have barred Manus co-founders Xiao Hong and Ji Yichao from leaving the country during a review of Meta's $2 billion acquisition of the AI startup. This action reflects Beijing's increasing scrutiny of foreign investments in strategic tech sectors, particularly concerning potential national security and foreign reporting violations. The investigation remains ongoing, with potential outcomes including transaction modification or clearance depending on compliance findings.

Timeline · 72d ago

71d ago

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