China Bars Manus Co-Founders During Meta Deal Review
China restricted Manus co-founders from leaving as regulators review Meta's two billion dollar deal. The probe checks if the sale violates investment rules.
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Authorities in China have reportedly prevented two co-founders of the artificial intelligence startup Manus from departing the country as regulators conduct a review of the firm’s acquisition by Meta Platforms, Inc..
The Financial Times reported on Wednesday that the travel restrictions are linked to an investigation into whether the $2 billion deal adheres to national investment regulations.
