China Blocks Meta's AI Startup Acquisition

China has intervened in Meta Platforms Inc.'s $2 billion acquisition of AI startup Manus, demanding the deal be unwound. This move represents an unprecedented attempt by China to exert influence over international business transactions. The government's action signals a new level of extraterritorial control, impacting global M&A activities and highlighting geopolitical tensions in the tech sector. The implications for future cross-border tech deals, particularly those involving AI, remain significant.