Probe of Meta’s $2B Manus buyout deepened by China, Bloomberg reports

Beijing is deepening an investigation into Meta‘s acquisition of Chinese-founded AI startup Manus, raising the risk that regulators will seek to alter or even unwind the deal if wrongdoing is found, Bloomberg reports. Chinese officials are investigating potential violations of rules governing cross-border currency flows, tax accounting and overseas investments, in addition to whether the takeover violated tech export or national security regulations.