China blocks Meta AI deal over security concerns
China has blocked Meta's reported $2 billion acquisition of Singapore-based AI startup Manus over national security concerns. The decision was made by China's National Development and Reform Commission, which cited regulations on cross-border technology and data transfers. The move reflects broader efforts by China to retain control over advanced AI technology and talent.
- ▪China's National Development and Reform Commission prohibited the foreign acquisition of AI startup Manus.
- ▪The regulatory review was based on rules governing cross-border tech, data, and investment transfers.
- ▪Although Manus is based in Singapore, its Chinese roots allowed Beijing to intervene in the deal.
- ▪The decision comes amid rising U.S.-China tech tensions and ahead of a planned meeting between Donald Trump and President Xi Jinping.
- ▪AI is increasingly treated by China as a strategic asset akin to critical infrastructure.
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Facebook China blocks Meta AI deal over security concerns China's National Development and Reform Commission prohibits Meta acquisition Manus By Kurt Knutsson, CyberGuy Report Fox News Published May 4, 2026 11:08am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Fox News Flash top headlines for May 4 Fox News Flash top headlines are here. Check out what's clicking on FoxNews.com. NEWYou can now listen to Fox News articles! China has stepped in and stopped Meta Platforms, which owns Facebook and Instagram, from acquiring the AI startup Manus, a Singapore-based company that builds AI agents capable of performing complex tasks. The deal, reportedly worth about $2 billion, had already been moving forward.
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