China Blocks Meta's $2 Billion Acquisition of AI Startup Manus
In brief China’s National Development and Reform Commission ordered Meta to unwind its acquisition of AI startup Manus. The December 2025 deal was valued at...
Tag : China
China blocks Meta’s $2B Manus deal amid AI security concerns
China has blocked Meta’s $2 billion acquisition of AI startup Manus, forcing the U.S. tech company to abandon a deal that had already been completed...
Crypto gridlock could benefit China, official warns
A White House-linked official has warned that failure to pass clear crypto rules in the United States could help China gain ground in digital assets....
DeepSeek Releases V4 on Huawei Chips the Same Day the White House Accused China of Stealing US AI
Chinese AI startup DeepSeek released a preview of its V4 model on April 24, explicitly optimized for Huawei’s Ascend chip platform, on the same day...
Congress Pushes to Control AI Chip Exports to China With Two Bipartisan Bills
The House Foreign Affairs Committee advanced two bipartisan bills on April 23 that would give Congress direct oversight authority over US AI chip exports to...
White House Accuses China of Running an Industrial-Scale Operation to Copy US AI Models
White House Office of Science and Technology Policy director Michael Kratsios circulated a memo on April 23 accusing Chinese entities of conducting deliberate, industrial-scale campaigns...
White House Accuses China of 'Industrial-Scale' Theft From American AI Models
In brief The White House says foreign entities, mainly in China, are running “industrial-scale” campaigns to copy U.S. AI models. Officials say attackers use proxy...
Nike hits rock bottom as China woes spark dip-buying talk
Nike shares have fallen to a decade-low range between $42 and $46 after a sharp drop from their 2021 peak. Summary Nike shares fell to...
Asia Express: Phantom Bitcoin checks, China tracks tax on blockchain
Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Bitcoin think tank recommends Taiwan hold BTC...