Financial Times: China is reviewing Meta's $2 billion acquisition of Manus

According to reports from the British Financial Times, Chinese authorities are reviewing Meta's $2 billion acquisition of the artificial intelligence platform Manus to assess whether the transaction violates technology export controls. Two sources revealed that officials from the Ministry of Commerce have begun evaluating whether the transfer of Manus's team and technology to Singapore and its subsequent sale to Meta requires an export license under Chinese law.

The review of the transaction reportedly may focus on whether the Manus team developed export-controlled technology within China. Although the review is still in its early stages, if the assessment determines that an export license is required, the Chinese government may have the authority to intervene in the transaction, and in extreme cases, could potentially lead to the termination of the deal.