Beijing has blocked Meta’s $2bn purchase of Manus, ordering the deal unwound over AI and data concerns. The move signals a tougher line on foreign tech acquisitions, heightens uncertainty for cross‑border AI investment, and disrupts Meta’s expansion plans.

Authorities are probing protection lapses after an incident involving Donald Trump, with a suspect charged and motive unclear. Security protocols face scrutiny and briefings are being sought in Washington. Buckingham Palace has discussed the King’s safety with ministers.

US equities rebounded despite an energy price jolt, outpacing Europe as Big Tech led gains. Intel surged to a post-dotcom record on AI-driven optimism and solid results. Strategists said the energy shock would need to persist for months to threaten growth, keeping risk appetite firm.

The US alleges China is stealing AI research on an industrial scale, citing coordinated “distillation” campaigns to copy models and know-how. Beijing rejects the claim. Washington is weighing tougher export curbs on AI chips, while Trump plans to meet Xi in the coming weeks.