Welcome to the TechBrew Right Home for Monday, April 27th, 2026. I'm Brian McCullough today.

China blocked Meta's $2 billion manus acquisition and ordered both sides to unwind the deal

closing the so-called Singapore washing loophole for Chinese AI startups.

Open AI is developing smartphone chips with Qualcomm and MediaTech. Google controls around 25% of global AI startups. OpenAI is developing smartphone chips with Qualcomm and Media Tech.

Google controls around 25% of global AI compute and SaaS pricing shifts to usage-based.

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China is blocking META's $2 billion manis acquisition after reviewing whether it violated investment

rules and is telling both parties to cancel the deal. Manus moved to Singapore in 2025, but

apparently that didn't save them, quoting the times. Chinese officials had said in January they were investigating whether

Metis acquisition of Manus last December violated the country's rules on foreign investment.

They were also assessing whether the deal violated China's requirement that companies obtain

approval for the export of certain technologies. The National Development and Reform Commission,

a high-level ministry that oversees

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