How Meta’s Manus purchase proves ‘Singapore washing’ may no longer work for China, US firms

Meta's $2 billion acquisition of AI startup Manus is under scrutiny by Chinese authorities, who are investigating potential violations of technology export and overseas investment rules. This development highlights the increasing regulatory focus on where technology is developed, not just where companies are registered, signaling a potential end to 'Singapore washing' strategies for firms seeking to avoid oversight.

By TOI TECH DESK