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China reviwing Meta’s $2B takeover of AI platform Manus, FT reports

Chinese officials are reviewing Meta‘s $2B takeover of Singapore-based AI company Manus for potential technology export control violations, the Financial Times’ Ryan McMorrow and Zijing Wu reports. Officials in China’s commerce ministry are looking into whether the relocation of Manus’ staff and technology to Singapore from China and the subsequent sale to the Facebook parent required an export license under Chinese law, the authors say, citing two people familiar with the matter.

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