Yahoo Pulls Out of China Over "Challenging" Business Conditions
upstart writes:
Yahoo pulls out of China over 'challenging' business conditions:
Yahoo has become the latest US tech company to end its presence in mainland China as tougher regulations are imposed there.
The firm said its decision was due to an "increasingly challenging business and legal environment" in the country".
Yahoo users in China are now greeted with a message saying its sites are no longer accessible.
The company says Yahoo products and services remain unaffected elsewhere around the world.
In a statement, it says: "Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support."
Yahoo's move follows closely behind Microsoft's announcement last month that it was removing LinkedIn - its business-focused social network - from China, something it also blamed on "a significantly more challenging operating environment and greater compliance requirements".
China is in the midst of a large-scale crackdown on big tech companies - both those from the US and its own native giants.
Also at CNN.
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