Yahoo pulls out of China amid 'challenging' environment
Headline from WFMZ Allentown
Yahoo Inc. says it has pulled out of China, citing an “increasingly challenging business and legal environment.” The company said Tuesday in a statement that its services were no longer
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Yahoo Inc. says it has pulled out of China, citing an “increasingly challenging business and legal environment.” The company said Tuesday in a statement that its services were no longer
Yahoo has said it remains "committed to the rights of our users and a free and open internet.'' The move comes as Chinese censors crack down on politically sensitive content.
Yahoo announced it is ending its services in China, more than 20 years after it entered the country and on the same day a data protection law takes effect in the world's second largest economy.
Following the lead of other major tech companies, such as Microsoft and Google, Yahoo announced Tuesday that it would no longer offer its services in China. The departure comes as China’s government increasingly limits the data these companies can collect and store.
US internet services giant Yahoo pulled out of mainland China starting Monday, the company said in a statement on its website, as a crackdown by Beijing on the tech industry gathers pace.
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Yahoo pulls out of China amid 'challenging' environment | Since Then