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> China's National Development and Reform Commission directed Meta to unwind the transaction in April, citing unspecified laws and regulations, following a months-long regulatory probe that began almost immediately after the acquisition was announced.

Ouch. This is happening _after_ the deal closed, which means Meta has to actually undo a bunch of migration work already done. Manus tried to move to Singapore, but now the founders (Chinese citizens) are in hot water with their government.