China reviews Meta's Manus deal

Chinese officials are looking into whether Meta Platforms Inc.'s acquisition of artificial intelligence startup Manus violated regulations, an initial review that could hinder the deal down the road if officials determine wrongdoing.

- Bloomberg

Regulators have begun a review of the transaction unveiled in December, including possible national security implications, people familiar with the matter said. Worth more than $2 billion, the deal will be assessed for its consistency with relevant laws and regulations, ministry of commerce spokesman He Yadong said at a regular briefing.