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META Tumbles as China Tightens Regulatory Grip on Tech Acquisitions

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • China has introduced strict new regulations overseeing overseas deals involving technology and data.
  • This follows the recent regulatory order forcing Meta to unwind its acquisition of an AI startup, signaling continued geopolitical hurdles for the company's international expansion and strategic operations.
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META price history

665.60 +4.89% over the displayed period

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