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China looks at currency, tax and tech rules in investigation of $2B Meta‑Manus deal


China looks at currency, tax and tech rules in investigation of $2B Meta‑Manus deal

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Meta's acquisition of Manus for $2 billion is under investigation in Beijing due to national security concerns. The review includes scrutiny of financial transfers and overseas investments related to the deal.

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Meta’s $2 billion deal to buy Manus, an AI startup founded in China, is now under a wider investigation in Beijing. What started off as a check on national security and tech exports has turned into a full-blown review of money transfers, tax reporting, and overseas investments. Officials are now digging through every part of […]
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