CHINA-US: YAHOO ANNOUNCES PULL-OUT FROM CHINA
Yahoo Inc. announced (November 2) that it has pulled out of China, citing an increasingly
challenging operating environment.
(Comment: The withdrawal was largely symbolic, as many of the company’s services were
already blocked by China’s digital censorship. But recent government moves to expand its
control over tech companies generally, including its domestic giants, may have tipped the
scales for Yahoo.)
|