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Tech1mo ago

Meta's Billions-Dollar Acquisition of Manus Vetoed After Crossing Red Lines

The National Development and Reform Commission has prohibited foreign investment in the Manus project in accordance with laws and regulations. On April 27th, Beijing time, the Office of the Foreign Investment Security Review Work Mechanism (National Development and Reform Commission) issued a decision to prohibit investment in the foreign acquisition of the Manus project, requiring the

Meta's Billions-Dollar Acquisition of Manus Vetoed After Crossing Red Lines

TITLE: Meta's Billions-Dollar Acquisition of Manus Vetoed After Crossing Red Lines SUMMARY: The National Development and Reform Commission has prohibited foreign investment in the Manus project in accordance with laws and regulations. On April 27th, Beijing time, the Office of the Foreign Investment Security Review Work Mechanism (National Development and Reform Commission) issued a decision to prohibit investment in the foreign acquisition of the Manus project, requiring the