Financial Times: China Reviewing Meta's $2 Billion Manus Acquisition Deal

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

Reports indicate that the review of the deal 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 export licenses are required, the Chinese government may have the authority to intervene in the transaction, and in extreme cases, could potentially result in the deal being terminated.