China has blocked Meta’s acquisition of AI startup Manus, the country’s top economic planning body said Monday, following media reports last month that Beijing had restricted two co-founders from leaving the country.
READ ALSO: Lagos Signs 60MW Power Purchase Agreement With Three Firms
Beijing’s National Development and Reform Commission said in a statement that it will “prohibit the foreign investment in the acquisition of the Manus project” and “requires the parties involved to withdraw the acquisition transaction”.
The youtHouse reporters, also known as “the Great Green Parrot”- (GGP), is the pioneer, biggest and most active Digital /Online News Outfit and Information Sharing Channel of the Nigerian Youth and Student Community, established in Year 2020 to champion a new order of Creativity and Innovations in Youth Development across the Country and in the Diaspora.
