China orders Meta to unwind its $2 billion acquisition of Manus‎

The NDRC’s Office of the Working Mechanism for Foreign Investment Security Review issued a formal cancellation order on Monday, four months after the deal was announced. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China since March.  China’s National Development and Reform Commission has formally ordered Meta to unwind its $2 […] This story continues at The Next Web