Chinese authorities ordered Meta Platforms to unwind its $2 billion acquisition of AI startup Manus, according to the report, marking a major reversal for a deal that had been seen as a Silicon Valley breakthrough. The move reflects Beijing’s tighten

2026-04-29

Chinese authorities ordered Meta Platforms to unwind its $2 billion acquisition of AI startup Manus, according to the report, marking a major reversal for a deal that had been seen as a Silicon Valley breakthrough. The move reflects Beijing’s tightening oversight of sensitive technology transfers and foreign capital involvement in domestic AI firms. Regulators have also restricted overseas listings and foreign investment exposure for several tech companies. The ruling has prompted startups and investors to reassess structures, with some shifting operations abroad or reconsidering offshore setups amid rising regulatory uncertainty.