China Blocks Meta's $2B Manus Deal - Founders Barred
China's NDRC ordered Meta to reverse its $2B Manus acquisition and barred the startup's founders from leaving China, ending the "Singapore washing" strategy that let Chinese AI firms dodge Beijing oversight.
China Blocks Meta's $2B Manus Deal - Founders Barred
China's NDRC ordered Meta to reverse its $2B Manus acquisition and barred the startup's founders from leaving China, ending the "Singapore washing" strategy that let Chinese AI firms dodge Beijing oversight.