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2026April › 27

Meta

3 months ago

Bejing tightens scrutiny of AI industry amid intensifying geopolitical rivalry with the US over the technology.
Alphabet, Amazon, Meta, Microsoft and Apple all report this weak. Combined, they make up 24% of the S&P 500.
Tech-related capital flows have benefited from decades of ambiguity, but AI changes the calculus
China said Monday it has decided to block Meta's $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots.

Beijing says domestic tech companies must seek explicit government approval for accepting US investment

  • Business live – latest updates

China has blocked Meta’s $2bn (£1.5bn) acquisition of an AI startu…

Regulators had reviewed whether deal violated Beijing’s investment rules
It comes after months of scrutiny by Chinese regulators over deal struck with Facebook owner.

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