Yahoo Leaves China, Due to the “growing legal and business environment”, Yahoo has left China for good. Yahoo’s move follows Microsoft’s move to unplug LinkedIn in China next month.
Yahoo’s move follows Microsoft’s move. Microsoft unplugged LinkedIn in China last month. Yahoo has significantly reduced its presence in China.
Yahoo Mainland China:
- Thus, Yahoo has announced its services will be made available from mainland China for “recognition of the growing business and legal landscape”.
- As the second-largest Western tech brand to leave the country in the coming weeks.
- According to a statement posted on its website, the company stopped delivering content to users in mainland China on November 1 and sent links to other Yahoo and AOL users.
- Tuesday’s earthquake report local media in China.
- “Yahoo’s services are no longer available from the mainland of China as of November 1. Aware of China’s growing and challenging economic environment,” a Yahoo spokesperson said in an email to Reuters on Tuesday.
- “Yahoo is committed to user rights and free and open internet. Thanks to our users for their support.”
Yahoo’s Move to Microsoft:
The move follows Yahoo’s move to Microsoft, which pulled the plug on LinkedIn in China next month, signaling the withdrawal of a major US-owned social network. LinkedIn speaks of “highly demanding operating environments and high compliance requirements in China.”
- Yahoo has significantly reduced its presence in China in recent years internet. Before Monday, the weather app was still working and some pages were posting articles in foreign languages.
- Thus, Yahoo entered China in 1998 and in 2012 signed a deal with Alibaba Group to sell its stake in the e-commerce company. Under the agreement, Alibaba had the right to use Yahoo leaves China. To operate under the Yahoo brand for four years.
- Thus, Yahoo China has discontinued its email service and Internet Gateway but managed the brand in Beijing until 2015 when it closed its global R&D center.
- Beijing’s departure imposes new restrictions on websites, with new laws on the use of content and privacy. On Monday, a new privacy law decided to protect the privacy of users’ data.
In May, Verizon Communications, Yahoo, and other media sold to private equity firm Apollo Global for $ 5 billion (about Rs 37,350). Thus, The website of Chinese tech blog Engadget. And Yahoo’s announcement that it will no longer offer content to users in mainland China